Hindsight Markets Recaps Small-cap stocks on August 24, 2026
FVN, August 24: two halts and $21.98
FVN opened near its previous close, then ran to $21.98 through two halts during the session.
What happened
No news, slow climb
FVN ran with no headline in our data. It opened at $12.90, under the $13.00 close, and dipped to $12.19 by 10:23. By 12:59 it had climbed to $18.40 on thin trading.
The first halt
The breakout came in one minute. At 1:45 p.m. it jumped from $18.18 to $20.16 and was paused at 1:45:55.
Stop It's 1:55. FVN last traded at $20.16 and has been halted since 1:45:55, after jumping from $18.18 in that minute. Trading resumes in seconds. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 1:52 p.m. and stop at 1:55 p.m. ET for your call.
It reopened at 1:55:55 at $20.56 and ran to $21.38 that minute.
The top, then a second halt
The top did not hold. $21.98 came in the 1:56 minute, which closed at $18.50. It was halted again at 1:56:37 and reopened at 2:01 at $17.94.
It ranged from about $17 to $19.50, pushed to $20.74 at 3:58, and closed at $19.78, up 52%.
What to take from it: On FVN, buying right at a halt reopen cost thousands more than the screen showed.
Replay FVN's day
It starts at 1:37 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:40 p.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
Intraday run. It opened down 0.8% at $12.90, then ran from the open to the high of $21.98 in 266 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:15 a.m. | Pre-market high, $13.18 | |
| 9:30 a.m. | The open: $12.90, down 0.8% from the previous close | |
| 12:36 p.m. | First trade 20% above the previous close of $13.00 | |
| 1:56 p.m. | High of the day to the close, $21.98 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $19.78, 10.0% 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
- $13.00
- Open, 9:30 a.m.
- $12.90
- Gap at the open
- −0.8%
- Pre-market high
- $13.18 at 4:15 a.m.
- High, 4 a.m. to 4 p.m.
- $21.98 at 1:56 p.m.
- Low, 4 a.m. to 4 p.m.
- $10.26
- Close, 4 p.m.
- $19.78
- Change at 4 p.m.
- +52.2%
- After-hours high, 4 p.m. to 8 p.m.
- $20.00 at 4:02 p.m.
- Volume, 4 a.m. to 4 p.m.
- 176,823
- Volume after hours, 4 p.m. to 8 p.m.
- 8,891
- Relative volume by 8 p.m.
- 2.0×
- Float
- 5.81 million shares, from filings as of August 24, 2026
- Shares outstanding
- 7.54 million
- Volume, from the one-minute bars: 248 shares before the 9:30 a.m. open (0%), 1,977 in the first 30 minutes (1%), and 183,489 in the rest of the day to 8 p.m. (99%).
- Other days FVN met the small-cap rule in our recaps: 3, the latest on August 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 1:45 p.m. | 1:55 p.m. | 10 min 0 s | up 10.9% | $20.56, up 2.0% | down 10.0% | LULD pause (limit up-limit down) | |
| 1:56 p.m. | 2:01 p.m. | 5 min 0 s | down 8.2% | $17.94, down 3.0% | down 2.5% | LULD pause (limit up-limit down) |
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 FVN on August 24, 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.