Largest Negative Opening Gaps for NEGG

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

Using the 12 largest gap-down moves over the last 3 years in NEGG stock, the average move was -12.2% with the single largest opening gap of -34.7% occurring on 14-Mar-2025. The following day, NEGG stock price averaged +4.7% gains, with up moves more frequent than down moves. The stock was up 67% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

2 of NEGG's 12 largest moves corresponded with a large gap down in the overall market. 2 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 +35.6% on 14-Mar-2025, while the biggest drop from the open to the low was -26.0% on 15-Aug-2025. On average, the NEGG stock price gain from the opening price to the highest point of the day was +10.8%, and the average drop to the lowest point was -9.2%.

Day Drift Open-to-Close

The best performance in NEGG stock price from opening price to closing price (referred to as the "drift" for the day) was on 14-Mar-2025 for a +12.0% gain after the stock gapped down -34.7% at the open. The worst worst return from the opening price to the closing price was on 26-Aug-2025 when the stock lost -15.9% after the stock gapped down -6.2%. Overall in the 12 available observations, the stock drifted lower 50% of the time for an average loss of -1.1%.