$BLZE seeking alpha Jun 23, 2026

$BLZE +43.41% — what the base rate says

The Boss FILTRIX Market Desk

Backblaze ($BLZE) is up +43.41% today after signing a massive data deal. Retail is aggressively chasing the gap, expecting a multi-day momentum run.

The historical data has bad news: in 2,881 instances of catalyst-driven gap-ups of 30% or more, these setups close red 65% of the time, with a median intraday return of -6.79%.

History suggests this gap is highly likely to fade over the next 48 hours. We'll grade this call on Thursday.

What the data showed

$BLZE +43.41% Backblaze, Inc. · closed red 65% · green 34% (n=2,881) mcap $492M · float 43M shares · sector: SERVICES-PREPACKAGED SOFTWARE
$QNT +12.39% Quantinuum Inc. · closed red 65% · green 34% (n=6,722)
$INFQ +9.57% Infleqtion, Inc. mcap $3.0B · float 188M shares · sector: SERVICES-COMPUTER PROCESSING & DATA PREPARATION
$BBBY +9.35% Bed Bath & Beyond, Inc. mcap $442M · float 73M shares · sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
$IONR +8.31% ioneer Ltd
$VRNS +6.76% Varonis Systems, Inc. mcap $3.8B · float 111M shares · sector: SERVICES-PREPACKAGED SOFTWARE
$GRRR +4.12% Gorilla Technology Group Inc. mcap $392M · float 24M shares
$AJG +3.54% Arthur J. Gallagher & Co. mcap $55.0B · float 254M shares · sector: INSURANCE AGENTS, BROKERS & SERVICE
$ENTA +3.03% Enanta Pharmaceuticals, Inc. mcap $368M · float 15M shares · sector: PHARMACEUTICAL PREPARATIONS
$SPCX +2.97% Space Exploration Technologies Corp.
$KORU -35.24% Direxion Daily MSCI South Korea Bull 3X ETF · closed red 62% · green 37% (n=641)
$MU -13.88% Micron Technology, Inc. · closed red 54% · green 45% (n=618) mcap $1278.8B · float 1.1B shares · sector: SEMICONDUCTORS & RELATED DEVICES
$EWY -12.11% iShares MSCI South Korea ETF · closed red 54% · green 45% (n=4,138)
$SUNB -9.88% Sunbelt Rentals Holdings Inc. mcap $35.6B · float 412M shares · sector: SERVICES-EQUIPMENT RENTAL & LEASING, NEC
$GLXY -7.34% Galaxy Digital Inc. mcap $6.5B · float 188M shares · sector: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
$STLA -6.27% Stellantis N.V. mcap $18.4B · float 2.0B shares · sector: Motor Vehicles & Passenger Car Bodies
$CCL -5.93% Carnival Corporation Ltd. mcap $42.8B · float 1.2B shares · sector: WATER TRANSPORTATION
$CRWV -5.43% CoreWeave, Inc. mcap $64.4B · float 278M shares · sector: SERVICES-PREPACKAGED SOFTWARE
$ARMP -4.58% Armata Pharmaceuticals, Inc. mcap $260M · float 11M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
$SBSW -4.55% Sibanye Stillwater Limited mcap $9.8B · float 708M shares

Don't guess how often 30% catalyst gaps hold their gains. Run the historical gap-up odds on FILTRIX.net to see the base rates before placing your next trade. Discipline > FOMO

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