Largest Negative Opening Gaps for FAMI

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

Using the 12 largest gap-down moves over the last 3 years in FAMI stock, the average move was -15.3% with the single largest opening gap of -68.2% occurring on 23-Aug-2024. Following the opening, FAMI tended to drift higher to the closing price 67% of the time for an average gain of +5.5%. The following day, FAMI stock price averaged +2.0% gains, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant gaps.

Catalysts

1 of FAMI's 12 largest moves corresponded with a large gap down in the overall market. 4 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 +51.1% on 23-Aug-2024, while the biggest drop from the open to the low was -15.2% on 13-Mar-2025. On average, the FAMI stock price gain from the opening price to the highest point of the day was +13.2%, and the average drop to the lowest point was -5.1%.

Day Drift Open-to-Close

The best performance in FAMI stock price from opening price to closing price (referred to as the "drift" for the day) was on 23-Aug-2024 for a +34.4% gain after the stock gapped down -68.2% at the open. The worst worst return from the opening price to the closing price was on 25-Oct-2024 when the stock lost -11.9% after the stock gapped down -10.2%. Overall in the 12 available observations, the stock drifted higher 67% of the time for an average gain of +5.5%.