Tuesday midday tape has everything: $GPRO ripping 46.09% on a definitive merger agreement with Starman Optical, while $FLYE climbs 53.68% on a 2M-share float with zero news in sight.
Flip side: $HKPD cratered -34.20% into thin air, and $RZLV dropped -17.47% as last week's AI headlines met reality.
Retail sees green bars and assumes durable momentum. The historical base rate across 3,283 catalyst gap-ups of 30% or more shows the opposite: these setups fade to red 66% of the time intraday.
Price action is not an investment thesis.