← ScannerRECONSTRUCTED BACKTEST
THE STRATEGY. TESTED IN HISTORY.

Would it have doubled
before losing half?

Three historical dates. Growing revenue and EPS. The actual price paths that followed.

50%+ below 24M high$15M+ daily liquidityRevenue + EPS growthNo healthcare

Historical statements may include later restatements. These results are exploratory—not an unbiased estimate of future odds.

24 MONTHS · DAILY CLOSES

44 qualifying stock/date observations

Download trades ↓
+100% first6 / 44

13.6% of observations

−50% first17 / 44

38.6% of observations

Neither reached20 / 44

45.5% of observations

Unresolved1 / 44

2.3% of observations

Stocks can appear in more than one cohort. These observations are not independent.

DATES SELECTED BEFORE VIEWING RETURNS

Three starting points.

Signal dateMatches+100% first−50% firstNeitherUnresolvedMean net returnSPY · 24 months
Sep 12, 2022224990-2.7%22/22 verified exits+39.6%
Aug 1, 2023110461-25.0%10/11 verified exits+36.9%
Jul 10, 2024112450+1.7%11/11 verified exits+34.2%

Equal starting dollars per verified trade; proceeds remain in cash after exit. Returns include 0.10% cost per side, exclude dividends and cash interest, and are not annualized. SPY uses the same entry date and a full 24-month hold.

Rules, data coverage & limitations +

Selection. The latest known TTM revenue and diluted EPS must both exceed the previous year and the values known at the stock’s 24-month closing high. Current and prior-year TTM EPS must both be positive. All healthcare is excluded, not just drug developers. When multiple listings share an issuer, only the most liquid historical listing is retained.

Timing. Statements are eligible strictly after their filing day. Signal-day close must be at least 50% below the preceding 24-month closing high. Liquidity is mean daily close × volume over 30 completed sessions. Entry is the next trading session’s opening price.

Prices. Displayed prices and volumes use consistent split-adjusted units; historical price labels may differ from the original trading tape.

Exits. The first closing price at +100% or −50% determines the outcome. Execution is at the following session’s open, which can overshoot the threshold. If neither closes beyond a barrier, the position exits at the last close within 24 months. Missing required prices remain unresolved.

Coverage. 11,825 current and delisted symbols in the combined universe. 14,364 stock/date cases were withheld for incomplete or unverified screening evidence; these are not counted as failed trades. 0 retrieval errors. Delisted records reduce survivorship bias but do not prove complete historical-universe coverage.

Download withheld screening cases ↓

  • Reconstructed historical screen. Current financial datasets may contain later restatements; original-vintage statements are not available.
  • Universe combines currently listed US stocks with available delisted records. This reduces but does not eliminate survivorship and symbol-history bias.
  • Sector classifications are current metadata. Healthcare, pharmaceuticals, biotechnology and medical companies are excluded.
  • The three random dates are independent of returns, but are a small sample; repeated stocks and overlapping holding windows are not independent evidence.
  • First-touch uses daily closes, not intraday highs/lows. Trades enter next open; threshold exits use the following open, so realized returns can overshoot barriers.
  • Displayed historical prices and volumes are split-adjusted. Split-adjusted entry prices may differ from prices originally quoted at the time.
  • Price returns exclude dividends, taxes, borrowing costs and interest on cash. A 0.10% execution-cost allowance is charged on each side.
  • Positive TTM EPS is required in both current and prior-year periods. Revenue and EPS must grow year on year and exceed values known at the prior 24-month high. This is a quantitative screen, not verification of business quality.
  • Incomplete financial histories and EPS comparisons crossing unverified splits are withheld; this changes the sample. Missing trade outcomes stay unresolved.

Reproducibility. One seeded random US trading session in July 1–September 20 of each year; dates frozen before screening. Seed: 100before50-backtest-v1-2026-09-27. Data retrieved Sep 27, 2026.

22 QUALIFYING OBSERVATIONS

Sep 12, 2022

ATUSAltice USA, Inc.
−50% first51 days
-54.7%Net trade return
+
Below previous high-72.3%Dec 29, 2020
TTM revenue · YoY+0.2%USD financials
TTM diluted EPS · YoY+11.9%Positive current & prior-year EPS
Average daily dollar volume$38.1M30 completed sessions
−50%Entry+100%Sep 13, 2022Nov 3, 2022Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $10.05 Sep 13, 2022Exit $4.56 Nov 4, 2022Deadline Sep 13, 2024

Delisted record: Nov 19, 2025. No assumed acquisition payout is substituted for missing market data.

Financial period ended Jun 30, 2022 · filed Aug 4, 2022 · Communication Services

BFAMBright Horizons Family Solutions Inc.
+100% first714 days
+99.8%Net trade return
+
Below previous high-61.0%Feb 16, 2021
TTM revenue · YoY+21.1%USD financials
TTM diluted EPS · YoY+311.1%Positive current & prior-year EPS
Average daily dollar volume$35.0M30 completed sessions
−50%Entry+100%Sep 13, 2022Aug 27, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $69.25 Sep 13, 2022Exit $138.67 Aug 28, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 5, 2022 · Industrials

CABOCable One, Inc.
−50% first426 days
-49.3%Net trade return
+
Below previous high-52.9%Dec 29, 2020
TTM revenue · YoY+21.1%USD financials
TTM diluted EPS · YoY+0.8%Positive current & prior-year EPS
Average daily dollar volume$55.8M30 completed sessions
−50%Entry+100%Sep 13, 2022Nov 13, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $1,050.30 Sep 13, 2022Exit $533.53 Nov 14, 2023Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 5, 2022 · Communication Services

CARAvis Budget Group, Inc.
−50% first692 days
-48.4%Net trade return
+
Below previous high-50.8%Nov 2, 2021
TTM revenue · YoY+69.6%USD financials
TTM diluted EPS · YoY+1573.6%Positive current & prior-year EPS
Average daily dollar volume$149.2M30 completed sessions
−50%Entry+100%Sep 13, 2022Aug 5, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $168.37 Sep 13, 2022Exit $87.00 Aug 6, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 2, 2022 · Industrials

CHTRCharter Communications, Inc.
Neither reached731 days
-14.3%Net trade return
+
Below previous high-50.5%Sep 2, 2021
TTM revenue · YoY+6.3%USD financials
TTM diluted EPS · YoY+60.8%Positive current & prior-year EPS
Average daily dollar volume$492.7M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $395.99 Sep 13, 2022Exit $340.17 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Jul 29, 2022 · Communication Services

EAFGrafTech International Ltd.
−50% first419 days
-56.9%Net trade return
+
Below previous high-55.9%May 17, 2021
TTM revenue · YoY+14.3%USD financials
TTM diluted EPS · YoY+46.2%Positive current & prior-year EPS
Average daily dollar volume$15.1M30 completed sessions
−50%Entry+100%Sep 13, 2022Nov 6, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $59.50 Sep 13, 2022Exit $25.70 Nov 7, 2023Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 5, 2022 · Industrials

FOXFFox Factory Holding Corp.
−50% first575 days
-52.5%Net trade return
+
Below previous high-50.0%Nov 15, 2021
TTM revenue · YoY+30.2%USD financials
TTM diluted EPS · YoY+19.7%Positive current & prior-year EPS
Average daily dollar volume$21.9M30 completed sessions
−50%Entry+100%Sep 13, 2022Apr 10, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $90.33 Sep 13, 2022Exit $42.95 Apr 11, 2024Deadline Sep 13, 2024

Financial period ended Jul 1, 2022 · filed Aug 4, 2022 · Consumer Cyclical

IIPRInnovative Industrial Properties, Inc.
Neither reached731 days
+39.3%Net trade return
+
Below previous high-66.4%Nov 15, 2021
TTM revenue · YoY+51.9%USD financials
TTM diluted EPS · YoY+26.8%Positive current & prior-year EPS
Average daily dollar volume$25.1M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $92.56 Sep 13, 2022Exit $129.16 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 4, 2022 · Real Estate

IPGPIPG Photonics Corporation
Neither reached731 days
-25.0%Net trade return
+
Below previous high-64.1%Jan 19, 2021
TTM revenue · YoY+8.6%USD financials
TTM diluted EPS · YoY+21.5%Positive current & prior-year EPS
Average daily dollar volume$25.5M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $90.01 Sep 13, 2022Exit $67.67 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 3, 2022 · Technology

IPIIntrepid Potash, Inc.
−50% first234 days
-49.6%Net trade return
+
Below previous high-63.9%Apr 18, 2022
TTM revenue · YoY+44.8%USD financials
TTM diluted EPS · YoY+2508.6%Positive current & prior-year EPS
Average daily dollar volume$17.6M30 completed sessions
−50%Entry+100%Sep 13, 2022May 5, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $42.00 Sep 13, 2022Exit $21.20 May 8, 2023Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 5, 2022 · Basic Materials

KSSKohl's Corporation
Neither reached731 days
-33.9%Net trade return
+
Below previous high-51.7%May 17, 2021
TTM revenue · YoY+2.4%USD financials
TTM diluted EPS · YoY+8.3%Positive current & prior-year EPS
Average daily dollar volume$142.2M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $29.77 Sep 13, 2022Exit $19.72 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jul 30, 2022 · filed Sep 1, 2022 · Consumer Cyclical

MMacy's, Inc.
Neither reached731 days
-15.6%Net trade return
+
Below previous high-50.9%Nov 18, 2021
TTM revenue · YoY+18.5%USD financials
TTM diluted EPS · YoY+221.1%Positive current & prior-year EPS
Average daily dollar volume$224.4M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $17.74 Sep 13, 2022Exit $15.00 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jul 30, 2022 · filed Aug 26, 2022 · Consumer Cyclical

MEDMedifast, Inc.
−50% first485 days
-49.9%Net trade return
+
Below previous high-61.8%May 28, 2021
TTM revenue · YoY+30.8%USD financials
TTM diluted EPS · YoY+6.1%Positive current & prior-year EPS
Average daily dollar volume$33.5M30 completed sessions
−50%Entry+100%Sep 13, 2022Jan 11, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $123.41 Sep 13, 2022Exit $61.91 Jan 12, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 3, 2022 · Consumer Cyclical

MHKMohawk Industries, Inc.
Neither reached731 days
+42.1%Net trade return
+
Below previous high-50.3%May 7, 2021
TTM revenue · YoY+8.4%USD financials
TTM diluted EPS · YoY+2.5%Positive current & prior-year EPS
Average daily dollar volume$62.4M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $109.94 Sep 13, 2022Exit $156.55 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jul 2, 2022 · filed Jul 29, 2022 · Consumer Cyclical

NFLXNetflix, Inc.
+100% first308 days
+110.1%Net trade return
+
Below previous high-65.8%Nov 17, 2021
TTM revenue · YoY+12.5%USD financials
TTM diluted EPS · YoY+16.6%Positive current & prior-year EPS
Average daily dollar volume$1567.3M30 completed sessions
−50%Entry+100%Sep 13, 2022Jul 18, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $22.65 Sep 13, 2022Exit $47.69 Jul 19, 2023Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Jul 21, 2022 · Communication Services

PINSPinterest, Inc.
Neither reached731 days
+18.1%Net trade return
+
Below previous high-71.2%Feb 16, 2021
TTM revenue · YoY+21.1%USD financials
TTM diluted EPS · YoY+54.3%Positive current & prior-year EPS
Average daily dollar volume$359.4M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $24.39 Sep 13, 2022Exit $28.86 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 1, 2022 · Communication Services

PLCEThe Children's Place, Inc.
−50% first253 days
-52.4%Net trade return
+
Below previous high-63.6%Nov 18, 2021
TTM revenue · YoY+3.5%USD financials
TTM diluted EPS · YoY+38.8%Positive current & prior-year EPS
Average daily dollar volume$19.7M30 completed sessions
−50%Entry+100%Sep 13, 2022May 24, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $39.14 Sep 13, 2022Exit $18.68 May 25, 2023Deadline Sep 13, 2024

Financial period ended Jul 30, 2022 · filed Aug 26, 2022 · Consumer Cyclical

PVHPVH Corp.
+100% first458 days
+99.8%Net trade return
+
Below previous high-50.3%Nov 16, 2021
TTM revenue · YoY+4.8%USD financials
TTM diluted EPS · YoY+222.2%Positive current & prior-year EPS
Average daily dollar volume$78.5M30 completed sessions
−50%Entry+100%Sep 13, 2022Dec 15, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $58.66 Sep 13, 2022Exit $117.44 Dec 18, 2023Deadline Sep 13, 2024

Financial period ended Jul 31, 2022 · filed Sep 8, 2022 · Consumer Cyclical

RHRh
Neither reached731 days
+21.0%Net trade return
+
Below previous high-62.4%Aug 12, 2021
TTM revenue · YoY+10.0%USD financials
TTM diluted EPS · YoY+30.9%Positive current & prior-year EPS
Average daily dollar volume$181.6M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $265.39 Sep 13, 2022Exit $321.87 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jul 30, 2022 · filed Sep 8, 2022 · Consumer Cyclical

SMTCSemtech Corporation
−50% first401 days
-51.9%Net trade return
+
Below previous high-62.2%Nov 19, 2021
TTM revenue · YoY+18.2%USD financials
TTM diluted EPS · YoY+78.3%Positive current & prior-year EPS
Average daily dollar volume$60.4M30 completed sessions
−50%Entry+100%Sep 13, 2022Oct 19, 2023Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $33.65 Sep 13, 2022Exit $16.22 Oct 20, 2023Deadline Sep 13, 2024

Financial period ended Jul 31, 2022 · filed Aug 31, 2022 · Technology

SYNASynaptics Incorporated
Neither reached731 days
-34.0%Net trade return
+
Below previous high-59.4%Dec 7, 2021
TTM revenue · YoY+29.9%USD financials
TTM diluted EPS · YoY+200.3%Positive current & prior-year EPS
Average daily dollar volume$63.5M30 completed sessions
−50%Entry+100%Sep 13, 2022Sep 13, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $112.71 Sep 13, 2022Exit $74.57 Sep 13, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 22, 2022 · Technology

TREXTrex Company, Inc.
+100% first538 days
+99.0%Net trade return
+
Below previous high-64.0%Dec 10, 2021
TTM revenue · YoY+34.3%USD financials
TTM diluted EPS · YoY+34.3%Positive current & prior-year EPS
Average daily dollar volume$72.7M30 completed sessions
−50%Entry+100%Sep 13, 2022Mar 4, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $47.94 Sep 13, 2022Exit $95.61 Mar 5, 2024Deadline Sep 13, 2024

Financial period ended Jun 30, 2022 · filed Aug 8, 2022 · Basic Materials

11 QUALIFYING OBSERVATIONS

Aug 1, 2023

BXPBXP, Inc.
Neither reached730 days
+0.6%Net trade return
+
Below previous high-51.2%Mar 29, 2022
TTM revenue · YoY+7.8%USD financials
TTM diluted EPS · YoY+33.0%Positive current & prior-year EPS
Average daily dollar volume$111.4M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $64.13 Aug 2, 2023Exit $64.62 Aug 1, 2025Deadline Aug 2, 2025

Financial period ended Mar 31, 2023 · filed May 3, 2023 · Real Estate

DEIDouglas Emmett, Inc.
Neither reached730 days
+7.0%Net trade return
+
Below previous high-60.9%Nov 15, 2021
TTM revenue · YoY+7.6%USD financials
TTM diluted EPS · YoY+15.9%Positive current & prior-year EPS
Average daily dollar volume$42.0M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $13.91 Aug 2, 2023Exit $14.91 Aug 1, 2025Deadline Aug 2, 2025

Financial period ended Mar 31, 2023 · filed May 4, 2023 · Real Estate

DISThe Walt Disney Company
Neither reached730 days
+31.8%Net trade return
+
Below previous high-52.1%Sep 9, 2021
TTM revenue · YoY+13.5%USD financials
TTM diluted EPS · YoY+55.0%Positive current & prior-year EPS
Average daily dollar volume$1326.8M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $88.26 Aug 2, 2023Exit $116.59 Aug 1, 2025Deadline Aug 2, 2025

Financial period ended Apr 1, 2023 · filed May 10, 2023 · Communication Services

ENPHEnphase Energy, Inc.
−50% first463 days
-51.6%Net trade return
+
Below previous high-55.3%Dec 2, 2022
TTM revenue · YoY+61.1%USD financials
TTM diluted EPS · YoY+178.9%Positive current & prior-year EPS
Average daily dollar volume$745.0M30 completed sessions
−50%Entry+100%Aug 2, 2023Nov 7, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $145.00 Aug 2, 2023Exit $70.29 Nov 8, 2024Deadline Aug 2, 2025

Financial period ended Jun 30, 2023 · filed Jul 27, 2023 · Energy

GTMZoomInfo Technologies Inc.
−50% first370 days
-56.4%Net trade return
+
Below previous high-75.9%Nov 17, 2021
TTM revenue · YoY+29.1%USD financials
TTM diluted EPS · YoY+11.1%Positive current & prior-year EPS
Average daily dollar volume$159.5M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 6, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $18.40 Aug 2, 2023Exit $8.04 Aug 7, 2024Deadline Aug 2, 2025

Financial period ended Jun 30, 2023 · filed Jul 31, 2023 · Technology

IIPRInnovative Industrial Properties, Inc.
Neither reached730 days
-33.2%Net trade return
+
Below previous high-72.8%Nov 15, 2021
TTM revenue · YoY+27.3%USD financials
TTM diluted EPS · YoY+16.6%Positive current & prior-year EPS
Average daily dollar volume$19.8M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $76.75 Aug 2, 2023Exit $51.37 Aug 1, 2025Deadline Aug 2, 2025

Financial period ended Mar 31, 2023 · filed May 9, 2023 · Real Estate

LBRDKLiberty Broadband Corporation
Neither reached730 days
-33.1%Net trade return
+
Below previous high-53.5%Sep 1, 2021
TTM revenue · YoY+0.4%USD financials
TTM diluted EPS · YoY+19.9%Positive current & prior-year EPS
Average daily dollar volume$72.7M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $89.68 Aug 2, 2023Exit $60.11 Aug 1, 2025Deadline Aug 2, 2025

Delisted record: Aug 21, 2026. No assumed acquisition payout is substituted for missing market data.

Financial period ended Mar 31, 2023 · filed May 2, 2023 · Communication Services

MPMP Materials Corp.
−50% first366 days
-54.9%Net trade return
+
Below previous high-60.4%Apr 4, 2022
TTM revenue · YoY+4.3%USD financials
TTM diluted EPS · YoY+15.7%Positive current & prior-year EPS
Average daily dollar volume$69.5M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 2, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $22.56 Aug 2, 2023Exit $10.19 Aug 5, 2024Deadline Aug 2, 2025

Financial period ended Mar 31, 2023 · filed May 5, 2023 · Basic Materials

NSANational Storage Affiliates Trust
Neither reached730 days
-10.5%Net trade return
+
Below previous high-51.8%Dec 31, 2021
TTM revenue · YoY+26.6%USD financials
TTM diluted EPS · YoY+55.2%Positive current & prior-year EPS
Average daily dollar volume$25.3M30 completed sessions
−50%Entry+100%Aug 2, 2023Aug 1, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $33.00 Aug 2, 2023Exit $29.60 Aug 1, 2025Deadline Aug 2, 2025

Delisted record: Jul 21, 2026. No assumed acquisition payout is substituted for missing market data.

Financial period ended Mar 31, 2023 · filed May 2, 2023 · Real Estate

PRFTPerficient, Inc.
Unresolved
—Net trade return
+
Below previous high-59.0%Nov 4, 2021
TTM revenue · YoY+8.3%USD financials
TTM diluted EPS · YoY+35.1%Positive current & prior-year EPS
Average daily dollar volume$29.8M30 completed sessions
−50%Entry+100%Aug 2, 2023Oct 2, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $60.00 Aug 2, 2023Exit — Deadline Aug 2, 2025

Missing daily close before first barrier or deadline

Delisted record: Oct 2, 2024. No assumed acquisition payout is substituted for missing market data.

Financial period ended Jun 30, 2023 · filed Jul 27, 2023 · Technology

VTLEVital Energy, Inc.
−50% first457 days
-49.4%Net trade return
+
Below previous high-54.6%Jun 7, 2022
TTM revenue · YoY+2.7%USD financials
TTM diluted EPS · YoY+761.0%Positive current & prior-year EPS
Average daily dollar volume$31.6M30 completed sessions
−50%Entry+100%Aug 2, 2023Nov 1, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $52.15 Aug 2, 2023Exit $26.42 Nov 4, 2024Deadline Aug 2, 2025

Delisted record: Dec 15, 2025. No assumed acquisition payout is substituted for missing market data.

Financial period ended Mar 31, 2023 · filed May 9, 2023 · Energy

11 QUALIFYING OBSERVATIONS

Jul 10, 2024

ADNTAdient plc
−50% first267 days
-54.1%Net trade return
+
Below previous high-50.4%Feb 1, 2023
TTM revenue · YoY+3.0%USD financials
TTM diluted EPS · YoY+176.3%Positive current & prior-year EPS
Average daily dollar volume$27.7M30 completed sessions
−50%Entry+100%Jul 11, 2024Apr 4, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $23.84 Jul 11, 2024Exit $10.96 Apr 7, 2025Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 3, 2024 · Consumer Cyclical

DVDoubleVerify Holdings, Inc.
−50% first484 days
-52.2%Net trade return
+
Below previous high-53.1%Feb 26, 2024
TTM revenue · YoY+23.5%USD financials
TTM diluted EPS · YoY+26.6%Positive current & prior-year EPS
Average daily dollar volume$47.4M30 completed sessions
−50%Entry+100%Jul 11, 2024Nov 7, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $20.25 Jul 11, 2024Exit $9.69 Nov 10, 2025Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 7, 2024 · Technology

FIVEFive Below, Inc.
+100% first578 days
+103.8%Net trade return
+
Below previous high-53.5%Apr 11, 2023
TTM revenue · YoY+15.2%USD financials
TTM diluted EPS · YoY+11.5%Positive current & prior-year EPS
Average daily dollar volume$206.0M30 completed sessions
−50%Entry+100%Jul 11, 2024Feb 9, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $102.00 Jul 11, 2024Exit $208.31 Feb 10, 2026Deadline Jul 11, 2026

Financial period ended May 4, 2024 · filed Jun 6, 2024 · Consumer Cyclical

IRDMIridium Communications Inc.
+100% first687 days
+99.8%Net trade return
+
Below previous high-62.1%Apr 21, 2023
TTM revenue · YoY+4.1%USD financials
TTM diluted EPS · YoY+72.0%Positive current & prior-year EPS
Average daily dollar volume$28.9M30 completed sessions
−50%Entry+100%Jul 11, 2024May 29, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $25.76 Jul 11, 2024Exit $51.58 Jun 1, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed Apr 18, 2024 · Communication Services

MTCHMatch Group, Inc.
Neither reached729 days
+23.8%Net trade return
+
Below previous high-59.8%Aug 2, 2022
TTM revenue · YoY+8.2%USD financials
TTM diluted EPS · YoY+119.0%Positive current & prior-year EPS
Average daily dollar volume$150.4M30 completed sessions
−50%Entry+100%Jul 11, 2024Jul 10, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $31.31 Jul 11, 2024Exit $38.85 Jul 10, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 8, 2024 · Communication Services

NFENew Fortress Energy Inc.
−50% first61 days
-51.1%Net trade return
+
Below previous high-68.3%Aug 25, 2022
TTM revenue · YoY+3.4%USD financials
TTM diluted EPS · YoY+331.4%Positive current & prior-year EPS
Average daily dollar volume$48.5M30 completed sessions
−50%Entry+100%Jul 11, 2024Sep 10, 2024Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $998.00 Jul 11, 2024Exit $488.50 Sep 11, 2024Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 9, 2024 · Energy

PAYCPaycom Software, Inc.
Neither reached729 days
-2.3%Net trade return
+
Below previous high-64.8%Aug 15, 2022
TTM revenue · YoY+18.2%USD financials
TTM diluted EPS · YoY+54.0%Positive current & prior-year EPS
Average daily dollar volume$137.9M30 completed sessions
−50%Entry+100%Jul 11, 2024Jul 10, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $142.00 Jul 11, 2024Exit $139.08 Jul 10, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 2, 2024 · Technology

PCTYPaylocity Holding Corporation
Neither reached729 days
-11.8%Net trade return
+
Below previous high-51.2%Aug 15, 2022
TTM revenue · YoY+27.8%USD financials
TTM diluted EPS · YoY+75.8%Positive current & prior-year EPS
Average daily dollar volume$87.3M30 completed sessions
−50%Entry+100%Jul 11, 2024Jul 10, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $134.10 Jul 11, 2024Exit $118.50 Jul 10, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 3, 2024 · Technology

PZZAPapa John's International, Inc.
Neither reached729 days
-21.8%Net trade return
+
Below previous high-56.5%Aug 3, 2022
TTM revenue · YoY+1.7%USD financials
TTM diluted EPS · YoY+0.4%Positive current & prior-year EPS
Average daily dollar volume$47.8M30 completed sessions
−50%Entry+100%Jul 11, 2024Jul 10, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $42.74 Jul 11, 2024Exit $33.49 Jul 10, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 9, 2024 · Consumer Cyclical

SSTKShutterstock, Inc.
−50% first258 days
-51.3%Net trade return
+
Below previous high-53.6%Feb 10, 2023
TTM revenue · YoY+3.5%USD financials
TTM diluted EPS · YoY+14.2%Positive current & prior-year EPS
Average daily dollar volume$18.8M30 completed sessions
−50%Entry+100%Jul 11, 2024Mar 26, 2025Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $38.00 Jul 11, 2024Exit $18.54 Mar 27, 2025Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 2, 2024 · Communication Services

YUMCYum China Holdings, Inc.
Neither reached729 days
+36.3%Net trade return
+
Below previous high-52.6%Apr 11, 2023
TTM revenue · YoY+12.2%USD financials
TTM diluted EPS · YoY+32.7%Positive current & prior-year EPS
Average daily dollar volume$82.1M30 completed sessions
−50%Entry+100%Jul 11, 2024Jul 10, 2026Daily closes · from entry to the first threshold close or last observed close
Entry · split-adjusted $31.50 Jul 11, 2024Exit $43.02 Jul 10, 2026Deadline Jul 11, 2026

Financial period ended Mar 31, 2024 · filed May 8, 2024 · Consumer Cyclical