Largest Negative Opening Gaps for RTX

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

Using the 12 largest gap-down moves over the last 3 years in RTX stock, the average move was -2.2% with the single largest opening gap of -3.8% occurring on 11-Sep-2023. Following the opening, RTX tended to drift higher to the closing price 58% of the time for an average gain of +0.2%. The following day, RTX stock price averaged -0.4% losses, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant gaps. Earnings dates have been excluded from this analysis.

Catalysts

5 of RTX's 12 largest moves corresponded with a large gap down in the overall market. 6 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 +9.0% on 9-Apr-2025, while the biggest drop from the open to the low was -6.9% on 4-Apr-2025. On average, the RTX stock price gain from the opening price to the highest point of the day was +2.1%, and the average drop to the lowest point was -2.0%.

Day Drift Open-to-Close

The best performance in RTX stock price from opening price to closing price (referred to as the "drift" for the day) was on 9-Apr-2025 for a +8.5% gain after the stock gapped down -1.8% at the open. The worst worst return from the opening price to the closing price was on 4-Apr-2025 when the stock lost -6.8% after the stock gapped down -3.2%. Overall in the 12 available observations, the stock drifted higher 58% of the time for an average gain of +0.2%.