Hindsight Markets Recaps Small-cap stocks on August 13, 2026
GXAI, August 13: record-revenue news, a $1.35 wall, and a slow fade
GXAI opened up 53% after news, then faded below its open by the close.
News via Stock News API
What happened
Record revenue overnight
GXAI came in on news. After the August 12 close at $0.87, the company reported record second-quarter revenue, up 1,337% from a year earlier. Early on the 13th it ran to $1.56 at 5:39.
By 5:48, more shares had traded than the whole float.
The $1.35 wall
This wall sat right at the price. At 8:16 offers stacked up at $1.35 and peaked at 105K shares a minute later.
Stop It's 8:18. GXAI is at $1.35. More than 100,000 shares were offered at $1.35 a moment ago, right at the price. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:15 a.m. and stop at 8:18 a.m. ET for your call.
Buyers ate it. About 49K shares traded at $1.35 in under 20 seconds, and the wall was gone at 8:19:03. The stock then stayed between $1.34 and $1.36.
Open, low, close
The break led nowhere. It opened at $1.33, below the old wall, and slid. At 12:09 three sell sweeps hit in about a second. It fell to $1.13 at 12:10, the low after the open. It ended the regular session near $1.26, on 13M shares.
What to take from it: The $1.35 wall broke, but the stock never got back to its pre-market high.
Replay GXAI's day
It starts at 9:59 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:02 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 and fade. It gapped up 52.8% to $1.33 at the open and traded below the open by 4:00 p.m., at $1.25.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 12, 4:10 p.m. | News (GlobeNewsWire): Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year | |
| 4:00 a.m. | First trade 20% above the previous close of $0.8705 | |
| 5:39 a.m. | Pre-market high, $1.56 | |
| 5:39 a.m. | High of the day to the close, $1.56 | |
| 5:48 a.m. | Volume since 4:00 a.m. passes the whole float, 10.52 million shares | |
| 9:30 a.m. | The open: $1.33, up 52.8% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.25, 19.6% 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
- $0.8705
- Open, 9:30 a.m.
- $1.33
- Gap at the open
- +52.8%
- Pre-market high
- $1.56 at 5:39 a.m.
- High, 4 a.m. to 4 p.m.
- $1.56 at 5:39 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.13
- Close, 4 p.m.
- $1.25
- Change at 4 p.m.
- +44.2%
- After-hours high, 4 p.m. to 8 p.m.
- $1.28 at 4:30 p.m.
- Volume, 4 a.m. to 4 p.m.
- 34.25 million
- Volume after hours, 4 p.m. to 8 p.m.
- 775,131
- Relative volume by 8 p.m.
- 38.9×
- Float
- 10.52 million shares, from filings as of August 13, 2026
- Shares outstanding
- 10.74 million
- From news to the move: the first trade 20% above the previous close came 11 hours 50 minutes after the latest news item before it (GlobeNewsWire, Aug 12, 4:10 p.m.).
- Volume, from the one-minute bars: 20.91 million shares before the 9:30 a.m. open (60%), 2.71 million in the first 30 minutes (8%), and 11.41 million in the rest of the day to 8 p.m. (33%).
- Float rotation, the volume since 4 a.m. against the float of 10.52 million shares: past it once at 5:48 a.m., twice at 9:30 a.m., three times at 12:53 p.m.
- Other days GXAI met the small-cap rule in our recaps: 1, the latest on August 12, 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 GXAI 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 GXAI 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.