Since it joined the list
$GIG landed on the list 2026-05-05, down 33.4% from its 52-week high that day — now down -58.7%.
That's 25.3 percentage points deeper than the day it joined. It bottomed 61.8% below that high along the way.
Decline from the 52-week high as it stood on 2026-05-05 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
GIG qualifies for the Red List on decline depth.
The structural read
What price action says about GIG.
GIG qualifies for the Red List on decline depth — down -58.7% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.
Cross-confirmation: decline sigma also reads 6.3σ over 20 bars.
52-week range
Sector context · Financial Services
75 other Financial Services tickers are on Broken Stocks.
Worst in sector: CRCL (-74.8%). Least-bad: VRTS (-21.1%). See all Financial Services listings →
Questions about GIG
What people ask.
Why is GIG on Broken Stocks?
GIG qualifies for the Red List on decline depth. It is down -58.7% from its rolling 252-day high of $12.50, set on 2025-10-15 — 268d ago.
Is GIG a falling knife?
Not by the strict technical definition. GIG is down -58.7% from its 52-week high, but that high was set 268d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. GIG is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is GIG a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is GIG trading inside its 52-week range?
At $5.16, GIG sits 24.2% of the way from its 52-week low ($2.82) to its 52-week high ($12.50). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has GIG been declining?
The current 58.7% decline accrued over 268d, which annualizes to roughly -79.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does GIG compare to its sector?
There are 75 other Financial Services tickers on Broken Stocks: 34 Red, 23 Amber, 18 Watch, with 28 showing recovering structural signals. Median sector decline is -36.3% — GIG's decline is deeper than the sector median.