Largest Positive Opening Gaps for PL

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

Using the 12 largest gap-up moves over the last 3 years in PL stock, the average move was +11.1% with the single largest opening gap of +28.6% occurring on 5-Jun-2025. Following the opening, PL tended to drift lower to the closing price 58% of the time for an average loss of -2.1%. The following day, PL stock price averaged +1.3% gains, with down moves exceeding up moves. The stock was down 75% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

2 of PL's 12 largest moves corresponded with a large gap up in the overall market. 8 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 +25.7% on 5-Jun-2025, while the biggest drop from the open to the low was -16.8% on 8-Apr-2025. On average, the PL stock price gain from the opening price to the highest point of the day was +6.4%, and the average drop to the lowest point was -8.7%.

Day Drift Open-to-Close

The best performance in PL stock price from opening price to closing price (referred to as the "drift" for the day) was on 5-Jun-2025 for a +16.2% gain after the stock gapped up +28.6% at the open. The worst worst return from the opening price to the closing price was on 8-Apr-2025 when the stock lost -13.4% after the stock gapped up +7.7%. Overall in the 12 available observations, the stock drifted lower 58% of the time for an average loss of -2.1%.