Hindsight Markets Recaps Small-cap stocks on August 14, 2026
VALN, August 14: news and a gap that held
VALN opened up 24% after news and held near that level into the close.
News via Stock News API
What happened
Before the open
The news came first: news at 1:00 a.m. Before the bell it reached $9.09, on 1.3M shares.
The open
It opened up 24%, at $7.00.
The close
It closed at $7.10, 22% under its high.
What to take from it: The gap was the move. After the open it went sideways.
The details
How it traded, step by step
Gap and hold. It gapped up 23.9% to $7.00 at the open and held near or above it, trading at $7.10 at 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| Aug 13, 5:57 p.m. | News (Seeking Alpha): Valneva SE (VALN) Q2 2026 Earnings Call Transcript |
| 1:00 a.m. | News (Business Wire): Pfizer and Valneva's Lyme Disease Vaccine Candidate Marketing Authorization Application Validated by European Medicines Agency |
| 4:29 a.m. | First trade 20% above the previous close of $5.65 |
| 6:09 a.m. | Pre-market high, $9.09 |
| 6:09 a.m. | High of the day to the close, $9.09 |
| 9:30 a.m. | The open: $7.00, up 23.9% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $7.10, 21.9% 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
- $5.65
- Open, 9:30 a.m.
- $7.00
- Gap at the open
- +23.9%
- Pre-market high
- $9.09 at 6:09 a.m.
- High, 4 a.m. to 4 p.m.
- $9.09 at 6:09 a.m.
- Low, 4 a.m. to 4 p.m.
- $6.40
- Close, 4 p.m.
- $7.10
- Change at 4 p.m.
- +25.7%
- After-hours high, 4 p.m. to 8 p.m.
- $7.25 at 4:05 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.80 million
- Volume after hours, 4 p.m. to 8 p.m.
- 25,146
- Relative volume by 8 p.m.
- 114.3×
- Float
- 84.11 million shares, from filings as of August 14, 2026
- Shares outstanding
- 94.89 million
- From news to the move: the first trade 20% above the previous close came 3 hours 29 minutes after the latest news item before it (Business Wire, 1:00 a.m.).
- Volume, from the one-minute bars: 1.29 million shares before the 9:30 a.m. open (71%), 134,449 in the first 30 minutes (7%), and 402,921 in the rest of the day to 8 p.m. (22%).
- In our recaps, this is the only day VALN met the small-cap rule.
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 VALN 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 VALN on August 14, 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.