GAP Down 6.1% In A Day. What Happened Next Before?
- GAP has experienced significant declines in the past, plummeting 78% during the Dot-Com Bubble and nearly 71% during the COVID pandemic, frequently exceeding the drops seen in the S&P 500.
- Recovery has been erratic. GAP took 10 months to recover from the Global Financial Crisis, 21 months from 2018 correction, and 6 months from Covid Pandemic, but is yet to reach is pre-crises peaks for Dot Com bubble and inflation shock
Gap Stock Performance In Market Crashes:
| GAP | S&P 500 | |
|---|---|---|
| Dot-Com Bubble | ||
| % Change from Pre-Recession Peak | -78% | -37% |
| # of Months for Full Recovery | Yet to Recover | 69 |
| Global Financial Crisis | ||
| % Change from Pre-Recession Peak | -57% | -57% |
| # of Months for Full Recovery | 10 | 49 |
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -57% | -20% |
| # of Months for Full Recovery | 21 | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -71% | -34% |
| # of Months for Full Recovery | 6 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -80% | -25% |
| # of Months for Full Recovery | Yet to Recover | 15 |
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