Largest Negative Opening Gaps for ARDC

How does ARDC usually behave after a large gap-down move?

Using the 12 largest gap-down moves over the last 3 years in ARDC stock, the average move was -1.8% with the single largest opening gap of -9.2% occurring on 7-Apr-2025. The following day, ARDC stock price averaged +0.1% 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.

Catalysts

6 of ARDC's 12 largest moves corresponded with a large gap down in the overall market. 1 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 +9.0% on 7-Apr-2025, while the biggest drop from the open to the low was -7.0% on 4-Apr-2025. On average, the ARDC stock price gain from the opening price to the highest point of the day was +1.3%, and the average drop to the lowest point was -1.3%.

Day Drift Open-to-Close

The best performance in ARDC stock price from opening price to closing price (referred to as the "drift" for the day) was on 7-Apr-2025 for a +6.4% gain after the stock gapped down -9.2% at the open. The worst worst return from the opening price to the closing price was on 4-Apr-2025 when the stock lost -5.2% after the stock gapped down -2.7%. Overall in the 12 available observations, the stock drifted lower 50% of the time for an average loss of -0.2%.