Largest Positive Opening Gaps for KTTA

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

Using the 12 largest gap-up moves over the last 3 years in KTTA stock, the average move was +53.5% with the single largest opening gap of +169.4% occurring on 11-Dec-2023. Following the opening, KTTA tended to drift lower to the closing price 83% of the time for an average loss of -13.5%. The following day, KTTA stock price averaged -4.9% losses, with up moves and down moves occurring equally.

Catalysts

9 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 +73.1% on 6-May-2025, while the biggest drop from the open to the low was -51.1% on 11-Dec-2023. On average, the KTTA stock price gain from the opening price to the highest point of the day was +17.3%, and the average drop to the lowest point was -20.9%.

Day Drift Open-to-Close

The best performance in KTTA stock price from opening price to closing price (referred to as the "drift" for the day) was on 20-Jul-2023 for a +7.9% gain after the stock gapped up +16.7% at the open. The worst worst return from the opening price to the closing price was on 11-Dec-2023 when the stock lost -45.3% after the stock gapped up +169.4%. Overall in the 12 available observations, the stock drifted lower 83% of the time for an average loss of -13.5%.