Hindsight Markets Recaps Small-cap stocks on August 27, 2026
KZIA, August 27: a thin day, then $21.97 and $11.50 after the bell
KZIA opened near its previous close after news, then ran to $17.18 during the session.
News via Stock News API
What happened
A thin, slow climb
This was a quiet day for most of the session. It opened at $14.67, close to the $14.60 prior close. Many minutes passed with no trades at all. It crept higher and set a high of $17.18 at 3:27 p.m.
Stop It's 3:50. KZIA is at $17.05, up about 17% from the previous close of $14.60. The day's high so far is $17.18, set at 3:27 p.m. Since 3:30 it has moved between about $16.74 and $17.07, and recent minutes have traded a few hundred shares or fewer. Volume has been light all day. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:47 p.m. and stop at 3:50 p.m. ET for your call.
It stayed between about $16.74 and $17.18 into the bell. The last trade before 4:00 was $17.03. Only 145K shares traded all session.
After the bell
The real move came after hours. At 4:01 p.m. a headline reported a 100% clinical benefit rate in six patients. A few minutes later it hit $21.97, the day's high.
At 4:09 p.m. the company announced a proposed public offering. By 4:11 it was at $11.50, the day's low. That fall from the top took six minutes. It ended near $14.20 by 7:59 p.m.
What to take from it: A quiet session at 3:50 said nothing about the swing that came after the bell.
Replay KZIA's day
It starts at 3:48 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:51 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 up 0.5% at $14.67, then ran from the open to the high of $17.18 in 357 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:01 a.m. | Pre-market high, $14.24 | |
| 8:59 a.m. | News (Seeking Alpha): Kazia Therapeutics: Upcoming Data May Validate Best-In-Class Potential Of Paxalisib | |
| 9:30 a.m. | The open: $14.67, up 0.5% from the previous close | |
| 3:27 p.m. | High of the day to the close, $17.18 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $17.03, 0.9% below the high | |
| 4:01 p.m. | News (PRNewsWire): Kazia Therapeutics Reports 100% Clinical Benefit Rate in Initial Six Patients Treated for Advanced Triple-Negative Breast Cancer | |
| 4:01 p.m. | First trade 20% above the previous close of $14.60 |
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
- $14.60
- Open, 9:30 a.m.
- $14.67
- Gap at the open
- +0.5%
- Pre-market high
- $14.24 at 4:01 a.m.
- High, 4 a.m. to 4 p.m.
- $17.18 at 3:27 p.m.
- Low, 4 a.m. to 4 p.m.
- $13.49
- Close, 4 p.m.
- $17.03
- Change at 4 p.m.
- +16.6%
- After-hours high, 4 p.m. to 8 p.m.
- $21.97 at 4:05 p.m.
- Volume, 4 a.m. to 4 p.m.
- 145,419
- Volume after hours, 4 p.m. to 8 p.m.
- 443,186
- Relative volume by 8 p.m.
- 5.8×
- Float
- 9.71 million shares, from filings as of August 27, 2026
- Shares outstanding
- 11.93 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (PRNewsWire, 4:01 p.m.).
- Volume, from the one-minute bars: 100 shares before the 9:30 a.m. open (0%), 20,818 in the first 30 minutes (4%), and 567,687 in the rest of the day to 8 p.m. (96%).
- In our recaps, this is the only day KZIA met the small-cap rule.
- The next session, August 28, 2026, it was down 19.2% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners. It is here because it met the small-cap rule on the intraday runners: 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 KZIA 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 KZIA on August 27, 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.