Hindsight Markets Recaps Small-cap stocks on August 18, 2026
TWG, August 18: a 6-K and an after-hours run to $1.74
TWG barely moved in the regular session after a 6-K, then ran to $1.74 after the close.
What happened
Before the open
The news came first: a 6-K at 4:01 p.m. Before the bell it reached $1.20, on 917 shares.
The open
It opened near its previous close, at $1.13.
The close
It closed at $1.05, 12% under its high. After the close it ran to $1.74 by 6:26 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 down 0.4% at $1.13 and traded at $1.05 at the 4:00 p.m. close, then ran 65.7% from $1.05 to $1.74 at 6:26 p.m. after the close, on 2.13 million shares traded after hours.
| Time (ET) | What happened |
|---|---|
| 8:33 a.m. | Pre-market high, $1.20 |
| 8:33 a.m. | High of the day to the close, $1.20 |
| 9:30 a.m. | The open: $1.13, down 0.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.05, 12.5% below the high |
| 4:01 p.m. | SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER |
| 6:19 p.m. | First trade 20% above the previous close of $1.13 |
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
- $1.13
- Open, 9:30 a.m.
- $1.13
- Gap at the open
- −0.4%
- Pre-market high
- $1.20 at 8:33 a.m.
- High, 4 a.m. to 4 p.m.
- $1.20 at 8:33 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.04
- Close, 4 p.m.
- $1.05
- Change at 4 p.m.
- −7.1%
- After-hours high, 4 p.m. to 8 p.m.
- $1.74 at 6:26 p.m.
- Volume, 4 a.m. to 4 p.m.
- 20,482
- Volume after hours, 4 p.m. to 8 p.m.
- 2.13 million
- Relative volume by 8 p.m.
- 112.9×
- Float
- 51.73 million shares, from filings as of August 18, 2026
- Shares outstanding
- 62.75 million
- From news to the move: the first trade 20% above the previous close came 2 hours 17 minutes after the latest SEC filing before it (6-K, 4:01 p.m.).
- Volume, from the one-minute bars: 917 shares before the 9:30 a.m. open (0%), 312 in the first 30 minutes (0%), and 2.15 million in the rest of the day to 8 p.m. (100%).
- Other days TWG met the small-cap rule in our recaps: 1, the latest on August 19, 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 TWG 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 TWG 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.