The Importance of Earnings Days in Stock Volatility

meta fell by 26% on February 2, as it announced its Q4-21 results. It plunged by 25% on October 26 of 2022 when its Q3 results were delivered to the market. And then on February 1 of this year, it surged by 23% as it announced their Q4-22 earnings. Those staggering moves are of course chosen to make a specific point that with respect to volatility, earnings dates are uniquely important.