Hindsight Markets Recaps Small-cap stocks on August 13, 2026
AKAN, August 13: a dead day, then $11.63 after the bell
AKAN barely moved in the regular session after a 6-K, then ran to $11.63 after the close.
News via Stock News API
What happened
A quiet session
For most of the day, almost nothing traded. It opened at $5.38 and fell to $5.05 by 9:36. Then it sat near $5.20, often with no trades for minutes.
Stop It's 3:51. AKAN is $5.08. The stock has sat near $5.20 for most of the day, and many minutes have no trades at all. It dipped to $5.06 at 3:32, bounced to $5.16 on 268 shares at 3:46, and the 3:50 minute traded $5.08 on 50 shares. The regular session ends in nine minutes. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:48 p.m. and stop at 3:51 p.m. ET for your call.
It slipped to $5.01 at 3:59 and closed at $5.03. Only 16K shares traded all session, about 3% of the float.
News after the bell
Here the news landed after the close. At 4:05 p.m. came a headline on a finished fiber network, plus a 6-K filing. A minute later it hit $7.23. By 4:12, more shares had traded than the whole 479K float.
Up to $11.63
The climb came in steps. It peaked at $11.63 at 4:52 p.m., up 132% from the 4:00 print. Then it chopped and ended at $9.49. About 7.1M shares traded, the float 15 times over.
What to take from it: A dead session said nothing about the move after the bell.
Replay AKAN's day
It starts at 3:55 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:58 p.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
After-hours run. It opened down 0.2% at $5.38 and traded at $5.03 at the 4:00 p.m. close, then ran 131.2% from $5.03 to $11.63 at 4:52 p.m. after the close, on 7.10 million shares traded after hours.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:25 a.m. | Pre-market high, $5.45 | |
| 4:25 a.m. | High of the day to the close, $5.45 | |
| 9:30 a.m. | The open: $5.38, down 0.2% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.03, 7.7% below the high | |
| 4:05 p.m. | News (Newsfile Corp): Akanda's First Towers & Fiber Increases Recurring Revenue with Completion of 200 KM Fiber Network | |
| 4:05 p.m. | SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER | |
| 4:06 p.m. | First trade 20% above the previous close of $5.39 | |
| 4:12 p.m. | Volume since 4:00 a.m. passes the whole float, 479,413 shares |
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
- $5.39
- Open, 9:30 a.m.
- $5.38
- Gap at the open
- −0.2%
- Pre-market high
- $5.45 at 4:25 a.m.
- High, 4 a.m. to 4 p.m.
- $5.45 at 4:25 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.01
- Close, 4 p.m.
- $5.03
- Change at 4 p.m.
- −6.7%
- After-hours high, 4 p.m. to 8 p.m.
- $11.63 at 4:52 p.m.
- Volume, 4 a.m. to 4 p.m.
- 16,448
- Volume after hours, 4 p.m. to 8 p.m.
- 7.10 million
- Relative volume by 8 p.m.
- 39.6×
- Float
- 479,413 shares, from filings as of August 13, 2026
- Shares outstanding
- 480,976
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (6-K, 4:05 p.m.).
- Volume, from the one-minute bars: 760 shares before the 9:30 a.m. open (0%), 6,811 in the first 30 minutes (0%), and 7.11 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 479,413 shares: past it once at 4:12 p.m., twice at 4:18 p.m., three times at 4:25 p.m.
- Other days AKAN met the small-cap rule in our recaps: 6, the latest on September 22, 2026.
- The next session, August 14, 2026, it was up 29.5% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: 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 (none)
The exchange's halt feed shows no halts for AKAN 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 AKAN on August 13, 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.