Largest Negative Opening Gaps for BA

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

Using the 12 largest gap-down moves over the last 3 years in BA stock, the average move was -4.3% with the single largest opening gap of -8.2% occurring on 8-Jan-2024. The following day, BA stock price averaged -0.7% losses, with up moves and down moves occurring equally. Earnings dates have been excluded from this analysis.

Catalysts

6 of BA's 12 largest moves corresponded with a large gap down in the overall market. 6 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 +9.1% on 7-Apr-2025, while the biggest drop from the open to the low was -8.4% on 4-Apr-2025. On average, the BA stock price gain from the opening price to the highest point of the day was +2.3%, and the average drop to the lowest point was -3.0%.

Day Drift Open-to-Close

The best performance in BA stock price from opening price to closing price (referred to as the "drift" for the day) was on 7-Apr-2025 for a +5.2% gain after the stock gapped down -3.4% at the open. The worst worst return from the opening price to the closing price was on 4-Apr-2025 when the stock lost -5.7% after the stock gapped down -4.0%. Overall in the 12 available observations, the stock drifted higher 58% of the time for an average return of -0.6%.