Hindsight Markets Recaps Small-cap stocks on August 20, 2026
LOOP, August 20: a gap that faded
LOOP opened up 44%, then faded 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 $1.34, on 15M shares.
The open
It opened up 44%, at $0.8908.
The close
It closed at $0.6502, 51% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 43.6% to $0.8908 at the open and traded below the open by 4:00 p.m., at $0.6502.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.6203 |
| 4:00 a.m. | Pre-market high, $1.34 |
| 4:00 a.m. | High of the day to the close, $1.34 |
| 9:30 a.m. | The open: $0.8908, up 43.6% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.6502, 51.5% 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
- $0.6203
- Open, 9:30 a.m.
- $0.8908
- Gap at the open
- +43.6%
- Pre-market high
- $1.34 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $1.34 at 4:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.629
- Close, 4 p.m.
- $0.6502
- Change at 4 p.m.
- +4.8%
- After-hours high, 4 p.m. to 8 p.m.
- $0.75 at 5:04 p.m.
- Volume, 4 a.m. to 4 p.m.
- 22.64 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.07 million
- Relative volume by 8 p.m.
- 29.3×
- Float
- 26.54 million shares, from filings as of August 20, 2026
- Shares outstanding
- 48.38 million
- Volume, from the one-minute bars: 15.14 million shares before the 9:30 a.m. open (64%), 2.60 million in the first 30 minutes (11%), and 5.96 million in the rest of the day to 8 p.m. (25%).
- Other days LOOP 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 LOOP 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 LOOP on August 20, 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.