All factors
πŸš€

Major product launch

πŸ”§ Product
β—† Depends on context

A flagship product or platform is unveiled or ships.

Typical size

1-8%

Timeframe

Announcement move; fundamentals follow over quarters

Evidence

2 logged events

Why it moves the price

Changes the expected revenue trajectory, and for platform businesses can reset the addressable market entirely.

What separates a good call from a naive one

Classic 'buy the rumour, sell the news' territory β€” anticipation is usually priced in before the event, so stocks often fall on launch day despite a good product. Early sales data weeks later moves the stock more than the reveal.

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

+3.25%

Median
+3.25%
Moved up
50% of 2
vs S&P 500
+3.23%

After 1 week

+6.10%

Median
+6.10%
Moved up
100% of 2
vs S&P 500
+4.80%

After 1 month

+11.79%

Median
+11.79%
Moved up
100% of 2
vs S&P 500
+8.07%
Textbook view:β—† Depends on contexttypically 1-8%

No measured verdict yet β€” 2 events logged. Three or more are needed before the data says anything useful.

The evidence (2)

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

DateStockWhat happenedNext day1 week1 monthvs S&P
Jun 11, 2024AAPL

AI feature suite unveiled at WWDC

The contrast with the Vision Pro reveal: a launch investors could map to a device upgrade cycle.

+7.26%+12.19%+17.84%+7.02%
Jun 5, 2023AAPL

Vision Pro headset unveiled at WWDC

Classic buy-the-rumour, sell-the-news setup.

-0.76%+0.01%+5.74%-0.57%

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