All factors
πŸͺ‘

Board shakeup or proxy fight

πŸ‘” Leadership
β—† Depends on context

Directors are replaced, a proxy contest is launched, or the board is restructured under pressure.

Typical size

1-6%

Timeframe

Announcement move; campaigns run for months

Evidence

0 logged events

Why it moves the price

The board hires and fires the CEO and approves strategy. Changing its composition changes the probability of a strategic reset, a sale, or a shift in how capital is returned.

What separates a good call from a naive one

Board changes usually matter as a leading indicator of something bigger β€” a CEO exit or a sale process. Watch who joins: operators with sector experience signal a fix, bankers signal a sale.

Measured impact

Not enough evidence yet

Every logged event is measured against real closing prices: the move from the close before the event, compared with the S&P 500 over the same window.

Next day

Not measured yet

After 1 week

Not measured yet

After 1 month

Not measured yet

Textbook view:β—† Depends on contexttypically 1-6%

No measured verdict yet β€” 0 events logged. Three or more are needed before the data says anything useful.

The evidence (0)

Every row is a real event, measured against actual closing prices.

No events logged yet. Add the first one β€” the price impact gets measured automatically.

Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.