Largest Negative Opening Gaps for LABU

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

Using the 12 largest gap-down moves over the last 3 years in LABU stock, the average move was -8.6% with the single largest opening gap of -14.8% occurring on 5-Aug-2024. Following the opening, LABU tended to drift higher to the closing price 58% of the time for an average gain of +3.5%. The following day, LABU stock price averaged -2.9% losses, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant gaps.

Catalysts

9 of LABU's 12 largest moves corresponded with a large gap down in the overall market.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +34.9% on 9-Apr-2025, while the biggest drop from the open to the low was -18.3% on 10-Apr-2025. On average, the LABU stock price gain from the opening price to the highest point of the day was +8.1%, and the average drop to the lowest point was -5.8%.

Day Drift Open-to-Close

The best performance in LABU stock price from opening price to closing price (referred to as the "drift" for the day) was on 9-Apr-2025 for a +29.6% gain after the stock gapped down -6.3% at the open. The worst worst return from the opening price to the closing price was on 10-Apr-2025 when the stock lost -5.3% after the stock gapped down -8.1%. Overall in the 12 available observations, the stock drifted higher 58% of the time for an average gain of +3.5%.