Largest Positive Opening Gaps for HOOD

How does HOOD usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in HOOD stock, the average move was +8.5% with the single largest opening gap of +11.4% occurring on 14-Mar-2024. Following the opening, HOOD tended to drift lower to the closing price 75% of the time for an average loss of -1.9%. The following day, HOOD stock price averaged +1.2% 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. Earnings dates have been excluded from this analysis.

Catalysts

5 of HOOD's 12 largest moves corresponded with a large gap up in the overall market. 3 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 +8.7% on 6-Nov-2024, while the biggest drop from the open to the low was -14.8% on 3-Mar-2025. On average, the HOOD stock price gain from the opening price to the highest point of the day was +3.1%, and the average drop to the lowest point was -5.2%.

Day Drift Open-to-Close

The best performance in HOOD stock price from opening price to closing price (referred to as the "drift" for the day) was on 6-Nov-2024 for a +8.0% gain after the stock gapped up +10.8% at the open. The worst worst return from the opening price to the closing price was on 3-Mar-2025 when the stock lost -14.4% after the stock gapped up +9.4%. Overall in the 12 available observations, the stock drifted lower 75% of the time for an average loss of -1.9%.