BRUN

Outperforming without a clear catalyst yet

• BRUN +3.90% on the last session vs SPY +0.74%: +3.2 pts of stock-specific move.
• Aftermath, big gain (Oct 2): After its 16 big gains in the past 5 years, BRUN typically lost 1.4% over the next day (median) and was higher only 44% of the time; half the outcomes fell between -5.3% and +3.4%. An ordinary day: +0.0%. Among S&P 500 stocks after big gains, that ranks #260 of 500.
• 1 Reddit mentions in the past 24 hours, 100% positive over the week.
• 1 insider or congressional trade in the past 30 days, including 1 insider sale not under a 10b5-1 plan.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.