Hindsight Markets Recaps Small-cap stocks on August 18, 2026
TRUG, August 18: a 7:20 a.m. spike to $2.40, a bid at $1.60, and $1.08
TRUG opened up 11% after news, then faded below its open by the close.
News via Stock News API
What happened
The pre-market spike
This day's run came before any news. TRUG closed the prior day at $1.54 and crept to $1.60 by 7:00 a.m. Then it jumped. By 7:18, more shares had traded than the whole 1.18M float.
The high was $2.40 in the 7:20 minute. It retried at 7:32 and stopped at $2.33.
The buyout news came at 8:30. The stock was near $2 then, and it slid to $1.82 within a few minutes.
The bid at $1.60
On this day, a big bid sat just under the price all morning. It peaked at 82K shares at $1.60, about 7% of the float. It opened at $1.71 and dropped through the first minutes.
Stop It's 9:32. TRUG is at $1.62 and has been falling since the open. About 81,904 shares were bid at $1.60 a few minutes ago, just below. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:29 a.m. and stop at 9:32 a.m. ET for your call.
At 9:32:09, a sell order went through $1.60. Only 20K shares traded there, and the bid was gone in under a second. That candle closed at $1.57. By 9:35 it was $1.39.
The close
The stock never got back near the open. It closed at $1.08, after a low of $1.05 at 3:37 p.m.
What to take from it: The $1.60 bid looked like support, but it vanished in under a second and the stock kept falling.
Replay TRUG's day
It starts at 7:01 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:04 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 11.0% to $1.71 at the open and traded below the open by 4:00 p.m., at $1.08.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 17, 4:19 p.m. | News (Benzinga): TruGolf Shares Surge Monday: What's Driving the Action? | |
| 7:16 a.m. | First trade 20% above the previous close of $1.54 | |
| 7:18 a.m. | Volume since 4:00 a.m. passes the whole float, 1.18 million shares | |
| 7:20 a.m. | Pre-market high, $2.40 | |
| 7:20 a.m. | High of the day to the close, $2.40 | |
| 9:30 a.m. | The open: $1.71, up 11.0% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.08, 55.0% 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
- $1.54
- Open, 9:30 a.m.
- $1.71
- Gap at the open
- +11.0%
- Pre-market high
- $2.40 at 7:20 a.m.
- High, 4 a.m. to 4 p.m.
- $2.40 at 7:20 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.05
- Close, 4 p.m.
- $1.08
- Change at 4 p.m.
- −29.9%
- After-hours high, 4 p.m. to 8 p.m.
- $1.40 at 4:08 p.m.
- Volume, 4 a.m. to 4 p.m.
- 16.36 million
- Volume after hours, 4 p.m. to 8 p.m.
- 386,116
- Relative volume by 8 p.m.
- 12.2×
- Float
- 1.18 million shares, from filings as of August 18, 2026
- Shares outstanding
- 1.21 million
- From news to the move: the first trade 20% above the previous close came 14 hours 56 minutes after the latest news item before it (Benzinga, Aug 17, 4:19 p.m.).
- Volume, from the one-minute bars: 12.02 million shares before the 9:30 a.m. open (72%), 2.11 million in the first 30 minutes (13%), and 2.61 million in the rest of the day to 8 p.m. (16%).
- Float rotation, the volume since 4 a.m. against the float of 1.18 million shares: past it once at 7:18 a.m., twice at 7:20 a.m., three times at 7:23 a.m.
- Other days TRUG met the small-cap rule in our recaps: 3, the latest on October 27, 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 TRUG 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 TRUG on August 18, 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.