Largest Positive One-Day Changes for SGMO

How does SGMO usually behave after a large single-day up move in the stock price?

Using the 12 largest single-day up moves over the last 3 years in SGMO stock, the average move was +31.7% with the single largest daily move of +40.1% occurring on 12-Feb-2024. The following day, SGMO stock price averaged +3.7% gains, with up moves and down moves occurring equally. Earnings dates have been excluded from this analysis.

Catalysts

6 of the moves coincided with a company-issued press release.

1 Week After

The following week, SGMO stock price averaged +17.5% gains, with up moves more frequent than down moves across 12 observations. The stock was up 67% of the time in that period one week following these significant moves.