Hindsight Markets Recaps Small-cap stocks on August 19, 2026
RCON, August 19: a run to $4.85
RCON opened up 17%, ran to $4.38, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $4.85, on 680K shares.
The open
It opened up 17%, at $3.90. It ran to $4.38 by 10:01 a.m.
The close
It closed at $3.67, 24% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 16.8% to $3.90 at the open, ran from the open to the high of $4.38 in 31 minutes, then gave back 148% of that move by 4:00 p.m., trading at $3.67, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $3.34 |
| 4:07 a.m. | Pre-market high, $4.85 |
| 4:07 a.m. | High of the day to the close, $4.85 |
| 9:30 a.m. | The open: $3.90, up 16.8% from the previous close |
| 11:11 a.m. | Volume since 4:00 a.m. passes the whole float, 950,506 shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.67, 24.3% 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
- $3.34
- Open, 9:30 a.m.
- $3.90
- Gap at the open
- +16.8%
- Pre-market high
- $4.85 at 4:07 a.m.
- High, 4 a.m. to 4 p.m.
- $4.85 at 4:07 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.39
- Close, 4 p.m.
- $3.67
- Change at 4 p.m.
- +9.9%
- After-hours high, 4 p.m. to 8 p.m.
- $4.20 at 4:12 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.09 million
- Volume after hours, 4 p.m. to 8 p.m.
- 267,691
- Relative volume by 8 p.m.
- 5.3×
- Float
- 950,506 shares, from filings as of August 19, 2026
- Shares outstanding
- 963,224
- Volume, from the one-minute bars: 680,388 shares before the 9:30 a.m. open (50%), 81,290 in the first 30 minutes (6%), and 591,465 in the rest of the day to 8 p.m. (44%).
- Float rotation, the volume since 4 a.m. against the float of 950,506 shares: past it once at 11:11 a.m.
- Other days RCON met the small-cap rule in our recaps: 2, the latest on August 25, 2026.
On the day's lists: the pre-market gappers, after-hours movers. 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 RCON 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 RCON on August 19, 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.