Hindsight Markets Recaps Small-cap stocks on August 4, 2026
NUWE, August 4: an 8:30 headline, a wall at $2.40, and $2.42
NUWE opened up 32% after news, ran to $2.42, then fell below its open by the close.
News via Stock News API
What happened
The headline
An 8:30 a.m. headline woke up a quiet stock. NUWE had closed at $1.61. GlobeNewsWire then ran Nuwellis news about its next Aquadex platform. By 9:00 it hit $2.39, and volume had already passed the whole float. It opened at $2.13, up 32%.
The wall at $2.40
A big sell order sat just above the price. At 9:52:25 an ask wall showed up at $2.40, peaking near 42K shares.
Stop It's 10:00. NUWE is at $2.18 after a choppy ten minutes. An ask wall that peaked at 41,573 shares at 9:52 sits at $2.40, 22 cents above, and another that peaked at 81,698 shares sits at $2.50. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:57 a.m. and stop at 10:00 a.m. ET for your call.
Buyers ate the wall. At 10:00:28 a buy sweep ran up to $2.42. That $2.42 was the high of the day.
The fade
The top lasted minutes. Sell sweeps took it to $2.00 by 10:03 and $1.75 at 10:49. It closed the session at $1.88.
What to take from it: The minute the $2.40 wall broke was the top of the day.
Replay NUWE's day
It starts at 8:26 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:29 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Gap, run and fade. It gapped up 32.3% to $2.13 at the open, ran from the open to the high of $2.42 in 30 minutes, then gave back 186% of that move by 4:00 p.m., trading at $1.88, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:30 a.m. | News (GlobeNewsWire): Nuwellis Announces Next-Generation Aquadex Platform Strategy to Expand Future Critical Care Applications | |
| 8:44 a.m. | First trade 20% above the previous close of $1.61 | |
| 9:00 a.m. | Pre-market high, $2.39 | |
| 9:00 a.m. | Volume since 4:00 a.m. passes the whole float, 3.17 million shares | |
| 9:30 a.m. | The open: $2.13, up 32.3% from the previous close | |
| 10:00 a.m. | High of the day to the close, $2.42 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.88, 22.3% 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
- $1.61
- Open, 9:30 a.m.
- $2.13
- Gap at the open
- +32.3%
- Pre-market high
- $2.39 at 9:00 a.m.
- High, 4 a.m. to 4 p.m.
- $2.42 at 10:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.53
- Close, 4 p.m.
- $1.88
- Change at 4 p.m.
- +16.8%
- After-hours high, 4 p.m. to 8 p.m.
- $1.96 at 4:02 p.m.
- Volume, 4 a.m. to 4 p.m.
- 13.66 million
- Volume after hours, 4 p.m. to 8 p.m.
- 230,696
- Relative volume by 8 p.m.
- 4.0×
- Float
- 3.17 million shares, from filings as of August 4, 2026
- Shares outstanding
- 3.18 million
- From news to the move: the first trade 20% above the previous close came 14 minutes after the latest news item before it (GlobeNewsWire, 8:30 a.m.).
- Volume, from the one-minute bars: 5.71 million shares before the 9:30 a.m. open (41%), 3.20 million in the first 30 minutes (23%), and 4.98 million in the rest of the day to 8 p.m. (36%).
- Float rotation, the volume since 4 a.m. against the float of 3.17 million shares: past it once at 9:00 a.m., twice at 9:34 a.m., three times at 10:00 a.m.
- Other days NUWE met the small-cap rule in our recaps: 4, the latest on October 29, 2026.
On the day's lists: the 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 NUWE 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 NUWE on August 4, 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.