Accounting restatement
🚨 TrustThe company announces that previously reported financials were wrong and must be revised.
Typical size
10-40%
Timeframe
Immediate; the discount persists for years
Evidence
0 logged events
Why it moves the price
Invalidates the historical record the whole valuation was built on, and implies control failures that put future reporting in doubt too.
What separates a good call from a naive one
The size of the correction matters less than what it reveals about controls. Revenue-recognition restatements are punished far more severely than technical reclassifications, because revenue is the number investors model.
Measured impact
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
No measured verdict yet — 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.
Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.