United Technologies Up On Strong Earnings: Past Stock Action Following Gap-Ups

Currently United Technologies (UTX) is bid up after reporting slightly better-than-expected earnings and boosting forecasts. Below is a composite intra-day chart of days when UTX has gapped up on an earnings report going back to October 2002. As shown, the stock typically shows strength throughout the trading day, even after gapping up an average of 2.7%: