Hindsight Markets Recaps Small-cap stocks on August 11, 2026
WXM, August 11: four halts and $13.96
WXM more than doubled at the open, ran to $12.79 through four halts, then fell below its open by the close.
What happened
The pre-market run
WXM closed at $4.00 the day before. By 8:59 a.m. it was at $11.71, and its tiny 577K float had already traded ten times over.
Stop It's 9:00. WXM is at $11.70, up from $9.43 ten minutes ago and well above the $4.00 previous close. The float is 576,874 shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:57 a.m. and stop at 9:00 a.m. ET for your call.
That minute it hit $13.96. Two minutes later it was $9.80.
Four halts
Four halts hit after the open. Halt #4 came at 10:27:34, a minute after a 26K-share bid at $8.11 was pulled. It reopened at 10:32:34.
The $8.99 wall
In the afternoon a 28K-share ask wall sat at $8.99.
Stop It's 1:58. WXM is at $7.77. Since 1:25 p.m. a large ask wall has sat at $8.99, peaking at 28,313 shares. The stock hasn't been near $9 since the morning. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:55 p.m. and stop at 1:58 p.m. ET for your call.
The wall was pulled at 1:59:23. It ran to $8.71 but never reached $8.99, and closed at $7.92.
What to take from it: On WXM, the big walls left before the price ever got to them.
Replay WXM's day
It starts at 8:41 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:44 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 169.0% to $10.76 at the open, ran from the open to the high of $12.79 in 7 minutes through a halt, then gave back 240% of that move by 4:00 p.m., trading at $7.92, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:27 a.m. | First trade 20% above the previous close of $4.00 | |
| 4:36 a.m. | Volume since 4:00 a.m. passes the whole float, 576,874 shares | |
| 9:00 a.m. | Pre-market high, $13.96 | |
| 9:00 a.m. | High of the day to the close, $13.96 | |
| 9:30 a.m. | The open: $10.76, up 169.0% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $7.92, 43.3% 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
- $4.00
- Open, 9:30 a.m.
- $10.76
- Gap at the open
- +169.0%
- Pre-market high
- $13.96 at 9:00 a.m.
- High, 4 a.m. to 4 p.m.
- $13.96 at 9:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.90
- Close, 4 p.m.
- $7.92
- Change at 4 p.m.
- +98.0%
- After-hours high, 4 p.m. to 8 p.m.
- $8.14 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 24.72 million
- Volume after hours, 4 p.m. to 8 p.m.
- 402,021
- Relative volume by 8 p.m.
- 1100.3×
- Float
- 576,874 shares, from filings as of August 11, 2026
- Shares outstanding
- 1.13 million
- Volume, from the one-minute bars: 16.77 million shares before the 9:30 a.m. open (67%), 2.31 million in the first 30 minutes (9%), and 6.04 million in the rest of the day to 8 p.m. (24%).
- Float rotation, the volume since 4 a.m. against the float of 576,874 shares: past it once at 4:36 a.m., twice at 4:42 a.m., three times at 4:49 a.m.
- In our recaps, this is the only day WXM met the small-cap rule.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (4)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:30 a.m. | 9:35 a.m. | 5 min 0 s | up 7.6% | $11.83, unchanged | down 4.9% | LULD pause (limit up-limit down) | |
| 9:41 a.m. | 9:46 a.m. | 5 min 0 s | down 13.2% | $10.74, unchanged | down 5.3% | LULD pause (limit up-limit down) | |
| 9:49 a.m. | 9:54 a.m. | 5 min 0 s | down 5.3% | $10.17, unchanged | down 4.8% | LULD pause (limit up-limit down) | |
| 10:27 a.m. | 10:32 a.m. | 5 min 0 s | down 12.6% | $9.00, up 1.5% | down 2.9% | LULD pause (limit up-limit down) |
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 WXM on August 11, 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.