Largest Negative One-Day Changes for APPF

How does APPF usually behave after a large single-day down move in the stock price?

Using the 12 largest single-day down moves over the last 3 years in APPF stock, the average move was -5.8% with the single largest daily move of -10.8% occurring on 15-Oct-2024. The following day, APPF stock price averaged -0.2% losses, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant moves. Earnings dates have been excluded from this analysis.

Catalysts

1 of the moves coincided with a company-issued press release.

1 Week After

The following week, APPF stock price averaged -2.2% losses, with down moves exceeding up moves across 12 observations. The stock was down 75% of the time in that period one week following these significant moves.