Hindsight Markets Recaps Small-cap stocks on August 3, 2026
UPC, August 3: a run to $10.62
UPC more than doubled at the open, ran to $8.44, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $10.62, on 8.1M shares.
The open
It more than doubled at the open, at $7.06. It ran to $8.44 by 12:17 p.m.
The close
It closed at $6.49, 39% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 123.4% to $7.06 at the open, ran from the open to the high of $8.44 in 167 minutes, then gave back 141% of that move by 4:00 p.m., trading at $6.49, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $3.16 |
| 4:09 a.m. | Pre-market high, $10.62 |
| 4:09 a.m. | High of the day to the close, $10.62 |
| 6:17 a.m. | Volume since 4:00 a.m. passes the whole float, 4.95 million shares |
| 9:30 a.m. | The open: $7.06, up 123.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.49, 38.9% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $3.16
- Open, 9:30 a.m.
- $7.06
- Gap at the open
- +123.4%
- Pre-market high
- $10.62 at 4:09 a.m.
- High, 4 a.m. to 4 p.m.
- $10.62 at 4:09 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.53
- Close, 4 p.m.
- $6.49
- Change at 4 p.m.
- +105.4%
- After-hours high, 4 p.m. to 8 p.m.
- $7.12 at 4:42 p.m.
- Volume, 4 a.m. to 4 p.m.
- 14.08 million
- Volume after hours, 4 p.m. to 8 p.m.
- 455,585
- Relative volume by 8 p.m.
- 36.2×
- Float
- 4.95 million shares, from filings as of August 3, 2026
- Shares outstanding
- 5.02 million
- Volume, from the one-minute bars: 8.12 million shares before the 9:30 a.m. open (56%), 1.06 million in the first 30 minutes (7%), and 5.36 million in the rest of the day to 8 p.m. (37%).
- Float rotation, the volume since 4 a.m. against the float of 4.95 million shares: past it once at 6:17 a.m., twice at 10:57 a.m.
- Other days UPC met the small-cap rule in our recaps: 3, the latest on October 22, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for UPC that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay UPC on August 3, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.