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Hindsight Markets Recaps Small-cap stocks on August 18, 2026

TGL, August 18: an 8-K and an after-hours run to $4.32

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TGL barely moved in the regular session after an 8-K, then ran to $4.32 after the close.

8-K$4.32$2.85$2.664 a.m.9:30noon4 p.m.8 p.m.
TGL on August 18, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: an 8-K at 5:20 p.m. Before the bell it reached $2.98, on 311 shares.

The open

It opened near its previous close, at $2.89.

The close

It closed at $2.66, 11% under its high. After the close it ran to $4.32 by 5:47 p.m.

What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.

The details

How it traded, step by step

After-hours run. It opened up 1.4% at $2.89 and traded at $2.66 at the 4:00 p.m. close, then ran 62.4% from $2.66 to $4.32 at 5:47 p.m. after the close, on 2.71 million shares traded after hours.

Time (ET)What happened
6:01 a.m.Pre-market high, $2.98
6:01 a.m.High of the day to the close, $2.98
9:30 a.m.The open: $2.89, up 1.4% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $2.66, 10.7% below the high
5:20 p.m.SEC filing 8-K: CURRENT REPORT
5:22 p.m.First trade 20% above the previous close of $2.85
5:52 p.m.Volume since 4:00 a.m. passes the whole float, 1.76 million 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
$2.85
Open, 9:30 a.m.
$2.89
Gap at the open
+1.4%
Pre-market high
$2.98 at 6:01 a.m.
High, 4 a.m. to 4 p.m.
$2.98 at 6:01 a.m.
Low, 4 a.m. to 4 p.m.
$2.66
Close, 4 p.m.
$2.66
Change at 4 p.m.
−6.7%
After-hours high, 4 p.m. to 8 p.m.
$4.32 at 5:47 p.m.
Volume, 4 a.m. to 4 p.m.
6,510
Volume after hours, 4 p.m. to 8 p.m.
2.71 million
Relative volume by 8 p.m.
n/m
Float
1.76 million shares, from filings as of August 18, 2026
Shares outstanding
1.95 million
  • From news to the move: the first trade 20% above the previous close came 1 minute after the latest SEC filing before it (8-K, 5:20 p.m.).
  • Volume, from the one-minute bars: 311 shares before the 9:30 a.m. open (0%), 1,802 in the first 30 minutes (0%), and 2.71 million in the rest of the day to 8 p.m. (100%).
  • Float rotation, the volume since 4 a.m. against the float of 1.76 million shares: past it once at 5:52 p.m.
  • Other days TGL met the small-cap rule in our recaps: 3, the latest on October 14, 2026.
  • The next session, August 19, 2026, it was up 12.0% from its previous close at the 4:00 p.m. close.

On the day's lists: the after-hours movers. It is here because it met the small-cap rule on the after-hours movers: 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 TGL 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

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