BMY

+4.6%🔴 Potential overreaction

Bristol-Myers Squibb Co. · Healthcare

$59.28Vol 13.69M · 0.9× normalMkt cap +$5.33Bafter · 2026-10-14 ET

What happened

Move

+4.6%

Price

$59.28

Volume

13.69M

0.9× normal

Market cap

$121.09B

+$5.33B today

Why it moved

No clear catalyst identified

No reliable news, earnings or analyst driver was found for this move. A move this size without an obvious driver is most likely flow/positioning-driven rather than a fundamentals story.

Additional context: BMY surged 3.06% despite low volume as retail interest spiked on Zacks trending lists.

Verdict — was the move justified?

🔴 Potential overreaction

A 3.6σ move well beyond the sector with no identified fundamental or news driver — the reaction appears larger than currently visible evidence justifies. Likely flow/positioning-driven.

How unusual is this move

σ score

3.6σ

vs own 20d volatility

Percentile

99th

of 1277 daily moves

Avg daily move

±1.1%

own 5y average

vs sector

+3.3%

beyond sector median

Today’s move is among the largest 1% of BMY’s daily moves over the last 5 years — while the sector moved +1.3% and the market -0.5%.

What happened after similar moves

31 similar up moves in BMY’s 5-year history:

After 5 days

+0.2%

55% higher

After 20 days

+5.0%

65% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 90G 43P 90H 53Q 95EW 29/65

Insider activity (90d): net selling $437.2K

Valuation context

P/E (TTM)

13.0

5y median 18.4

P/E percentile

11%

vs own 4y history

FCF yield

0.1%

Trading cheaper than 89% of its own historical valuation range.

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Pillar scores, financial statements, valuation history, news & more for BMY

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