Hindsight Markets Recaps Small-cap stocks on August 25, 2026
GRML, August 25: news and $11.65
GRML opened up 20% after news, ran to $11.65, then fell below its open by the close.
News via Stock News API
What happened
Before the open
The news came first: news at 12:01 a.m. Before the bell it reached $10.81, on 270K shares.
The open
It opened up 20%, at $10.30. It ran to $11.65 by 10:21 a.m.
The close
It closed at $9.70, 17% 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 20.5% to $10.30 at the open, ran from the open to the high of $11.65 in 51 minutes, then gave back 144% of that move by 4:00 p.m., trading at $9.70, below the open.
| Time (ET) | What happened |
|---|---|
| 12:01 a.m. | News (GlobeNewsWire): Greenland Mines Sarfartoq Nd-Pr Rare Earth Project Valued Up to US$2.05 Billion With Pre-Tax IRR of 118.6% and Significant Additional Upside Potential |
| 8:16 a.m. | First trade 20% above the previous close of $8.55 |
| 8:59 a.m. | Pre-market high, $10.81 |
| 9:30 a.m. | The open: $10.30, up 20.5% from the previous close |
| 10:21 a.m. | High of the day to the close, $11.65 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $9.70, 16.7% 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
- $8.55
- Open, 9:30 a.m.
- $10.30
- Gap at the open
- +20.5%
- Pre-market high
- $10.81 at 8:59 a.m.
- High, 4 a.m. to 4 p.m.
- $11.65 at 10:21 a.m.
- Low, 4 a.m. to 4 p.m.
- $8.55
- Close, 4 p.m.
- $9.70
- Change at 4 p.m.
- +13.5%
- After-hours high, 4 p.m. to 8 p.m.
- $10.00 at 4:59 p.m.
- Volume, 4 a.m. to 4 p.m.
- 937,611
- Volume after hours, 4 p.m. to 8 p.m.
- 376,294
- Relative volume by 8 p.m.
- 26.3×
- Float
- 2.74 million shares, from filings as of August 25, 2026
- Shares outstanding
- 3.18 million
- From news to the move: the first trade 20% above the previous close came 8 hours 15 minutes after the latest news item before it (GlobeNewsWire, 12:01 a.m.).
- Volume, from the one-minute bars: 269,530 shares before the 9:30 a.m. open (21%), 206,993 in the first 30 minutes (16%), and 837,382 in the rest of the day to 8 p.m. (64%).
- Other days GRML met the small-cap rule in our recaps: 6, the latest on October 14, 2026.
- The next session, August 26, 2026, it was down 48.1% from its previous close at the 4:00 p.m. close.
On the day's lists: the pre-market gappers, gainers. 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 GRML 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 GRML on August 25, 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.