Largest Negative Opening Gaps for DASH

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

Using the 12 largest gap-down moves over the last 3 years in DASH stock, the average move was -4.3% with the single largest opening gap of -9.4% occurring on 5-Aug-2024. Following the opening, DASH tended to drift higher to the closing price 67% of the time for an average gain of +1.8%. The following day, DASH stock price averaged -0.5% losses, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

7 of DASH's 12 largest moves corresponded with a large gap down in the overall market. 2 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 +14.3% on 5-Aug-2024, while the biggest drop from the open to the low was -4.3% on 6-May-2025. On average, the DASH stock price gain from the opening price to the highest point of the day was +3.9%, and the average drop to the lowest point was -1.7%.

Day Drift Open-to-Close

The best performance in DASH stock price from opening price to closing price (referred to as the "drift" for the day) was on 5-Aug-2024 for a +14.2% gain after the stock gapped down -9.4% at the open. The worst worst return from the opening price to the closing price was on 3-Apr-2025 when the stock lost -2.6% after the stock gapped down -5.6%. Overall in the 12 available observations, the stock drifted higher 67% of the time for an average gain of +1.8%.