Wednesday midday brings peak retail alchemy. $SOAR—an $8M private jet charter company—surges +74% after announcing a "$500 million AI infrastructure merger." A micro-cap airline transforming into a computing giant before lunch.
$CRE spikes +135% on news that it served 550 financial printing clients, while $YYGH jumps +65% on zero news at all. On the flip side, $VNRX dumps -12% right into its own addressable market PR.
Here is what history actually says: across 2,881 catalyst gap-ups exceeding 30%, the setup closes red 65% of the time with a median intraday slide of -6.79%. For $SOAR specifically, 17 historical gap-up days resulted in an 88% red-close rate.
Are you trading verifiable liquidity, or are you buying press releases written for algorithms?