For whatever stock sees the largest gain in one day, how much does the stock gain or lose the following day on average?
Thanks!|||There is absolutely no pattern to predict how that stock will behave the next day. Usually, a stock performs extremely well on one day due to some event - an upgrade by analysts, a great earnings report, some news that affects the company, etc. Sometimes a big rise one day brings profit taking and a lower price the next day. Sometimes, the big rise causes more people to jump on the bandwagon and the stock goes up more the next day.
One thing I have observed though, and that is usually a stock that skyrocketed in one day does not perform that well over the next several weeks - it is usually flat, down or up just a little bit.|||hard to say. I wouldn't recommend using this pattern in general. not very reliable
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