How did RITM's Q2 2024 EPS surprise impact short-term trading?
4/5/2025 02:21pm
RITM's Q2 2024 EPS surprise had a positive impact on short-term trading, with higher win rates and returns observed in the immediate aftermath of the earnings release. The 3-Day win rate was 53.55%, the 10-Day win rate was 56.01%, and the 30-Day win rate was 63.30%, indicating that the stock tended to perform well in the short term following the earnings surprise. The maximum return observed was 5.11% over 30 days, suggesting that there was potential for significant gains if investors held the stock for a short period post-earnings.