Largest Negative Opening Gaps for PYPL

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

Using the 12 largest gap-down moves over the last 3 years in PYPL stock, the average move was -3.0% with the single largest opening gap of -6.0% occurring on 3-Apr-2025. Following the opening, PYPL tended to drift higher to the closing price 67% of the time for an average gain of +0.4%. The following day, PYPL stock price averaged -0.8% losses, 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

8 of PYPL's 12 largest moves corresponded with a large gap down 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 +8.1% on 7-Apr-2025, while the biggest drop from the open to the low was -5.4% on 10-Apr-2025. On average, the PYPL stock price gain from the opening price to the highest point of the day was +2.2%, and the average drop to the lowest point was -1.6%.

Day Drift Open-to-Close

The best performance in PYPL stock price from opening price to closing price (referred to as the "drift" for the day) was on 3-Feb-2025 for a +3.5% gain after the stock gapped down -2.3% at the open. The worst worst return from the opening price to the closing price was on 10-Apr-2025 when the stock lost -2.8% after the stock gapped down -2.6%. Overall in the 12 available observations, the stock drifted higher 67% of the time for an average gain of +0.4%.