Hindsight Markets Recaps Small-cap stocks on August 17, 2026
IVF, August 17: $3.12 at 7:00 a.m., a $2.39 bid wall, and $1.52
IVF more than doubled at the open, ran to $2.80, then fell below its open by the close.
What happened
The top came early
IVF closed Friday at $0.97. On this day it peaked before the earnings news. A 107K-share buy hit at 7:00:05, and it topped at $3.12.
The earnings headline came at 8:30, with the stock near $2.51.
The $2.39 wall
From 8:42 a bid wall at $2.39 grew to 77K shares, about 3% of the float.
Stop It's 9:05. IVF is at $2.41. Just below, about 77,000 shares are bid at $2.39, 3% of the float. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:02 a.m. and stop at 9:05 a.m. ET for your call.
Sellers ate it. In under ten seconds, 42K shares traded at $2.39 and the wall was gone. That minute bottomed at $2.33.
The $2.00 wall
After the open it peaked at $2.80 and faded.
Stop It's 11:02. IVF is at $2.07, down from $2.20 a few minutes ago. A bid wall has sat at $2.00 since 6:24 a.m., at times about 71,000 shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:59 a.m. and stop at 11:02 a.m. ET for your call.
At 11:02:56 a 68K-share sell order broke through. 29K shares traded at $2.00 in one second. It sank to $1.41 and closed at $1.52, 51% under the high.
What to take from it: On IVF, both big bid walls broke as sellers ate them.
Replay IVF's day
It starts at 9:18 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:21 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 132.6% to $2.26 at the open, ran from the open to the high of $2.80 in 9 minutes, then gave back 237% of that move by 4:00 p.m., trading at $1.52, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:21 a.m. | First trade 20% above the previous close of $0.9716 | |
| 4:31 a.m. | Volume since 4:00 a.m. passes the whole float, 2.51 million shares | |
| 7:00 a.m. | Pre-market high, $3.12 | |
| 7:00 a.m. | High of the day to the close, $3.12 | |
| 9:30 a.m. | The open: $2.26, up 132.6% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.52, 51.3% 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
- $0.9716
- Open, 9:30 a.m.
- $2.26
- Gap at the open
- +132.6%
- Pre-market high
- $3.12 at 7:00 a.m.
- High, 4 a.m. to 4 p.m.
- $3.12 at 7:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.9885
- Close, 4 p.m.
- $1.52
- Change at 4 p.m.
- +56.4%
- After-hours high, 4 p.m. to 8 p.m.
- $2.21 at 5:15 p.m.
- Volume, 4 a.m. to 4 p.m.
- 55.03 million
- Volume after hours, 4 p.m. to 8 p.m.
- 3.64 million
- Relative volume by 8 p.m.
- 1960.0×
- Float
- 2.51 million shares, from filings as of August 17, 2026
- Shares outstanding
- 2.51 million
- Volume, from the one-minute bars: 34.37 million shares before the 9:30 a.m. open (59%), 6.35 million in the first 30 minutes (11%), and 17.95 million in the rest of the day to 8 p.m. (31%).
- Float rotation, the volume since 4 a.m. against the float of 2.51 million shares: past it once at 4:31 a.m., twice at 4:45 a.m., three times at 4:53 a.m.
- In our recaps, this is the only day IVF met the small-cap rule.
On the day's lists: the pre-market gappers, 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 (none)
The exchange's halt feed shows no halts for IVF 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 IVF on August 17, 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.