Largest Negative Opening Gaps for EIX

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

Using the 12 largest gap-down moves over the last 3 years in EIX stock, the average move was -2.0% with the single largest opening gap of -3.3% occurring on 7-Apr-2025. Following the opening, EIX tended to drift lower to the closing price 58% of the time for an average loss of -0.8%. The following day, EIX stock price averaged -0.7% losses, with up moves and down moves occurring equally. Earnings dates have been excluded from this analysis.

Catalysts

7 of EIX'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 +4.7% on 7-Apr-2025, while the biggest drop from the open to the low was -12.0% on 8-Jan-2025. On average, the EIX stock price gain from the opening price to the highest point of the day was +1.4%, and the average drop to the lowest point was -2.8%.

Day Drift Open-to-Close

The best performance in EIX stock price from opening price to closing price (referred to as the "drift" for the day) was on 7-Apr-2025 for a +2.8% gain after the stock gapped down -3.3% at the open. The worst worst return from the opening price to the closing price was on 8-Jan-2025 when the stock lost -8.3% after the stock gapped down -2.1%. Overall in the 12 available observations, the stock drifted lower 58% of the time for an average loss of -0.8%.