Largest Positive Opening Gaps for ACET

How does ACET usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in ACET stock, the average move was +10.3% with the single largest opening gap of +23.3% occurring on 9-May-2025. Following the opening, ACET tended to drift lower to the closing price 58% of the time for an average loss of -2.6%. The following day, ACET stock price averaged +3.9% gains, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

2 of ACET's 12 largest moves corresponded with a large gap up in the overall market. 5 of the moves coincided with a company-issued press release.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +18.5% on 4-Jan-2024, while the biggest drop from the open to the low was -19.6% on 10-Apr-2025. On average, the ACET stock price gain from the opening price to the highest point of the day was +5.5%, and the average drop to the lowest point was -8.8%.

Day Drift Open-to-Close

The best performance in ACET stock price from opening price to closing price (referred to as the "drift" for the day) was on 24-Mar-2025 for a +8.8% gain after the stock gapped up +9.6% at the open. The worst worst return from the opening price to the closing price was on 10-Apr-2025 when the stock lost -19.6% after the stock gapped up +7.0%. Overall in the 12 available observations, the stock drifted lower 58% of the time for an average loss of -2.6%.