Hindsight Markets Recaps Small-cap stocks on August 31, 2026
MOVE, August 31: a 7:45 headline, $17.71, and the slide from the open
MOVE opened up 31% after news, then faded below its open by the close.
News via Stock News API
What happened
The headline
The news started the run. A 7:45 a.m. release said Corvex would grow its data center capacity 5x. By 7:50 the stock hit $16.71, up from the $11.49 close. It then sat near $14.50 until 8:19.
Stop It's 8:21. MOVE is at $15.60, after climbing from $14.68 at 8:19. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:18 a.m. and stop at 8:21 a.m. ET for your call.
The pre-market high
Buyers kept coming. It hit $17.46 at 8:22. At 8:35 it set the day's high, $17.71. By the bell it was back near $15.
The open
On this day the open was the top of the regular session. It opened at $15.00 and was at $14.08 by 9:32.
Stop It's 9:33. MOVE is at $14.15, down from the $15.00 open and well under the $17.71 high. Would you buy this dip?
Press play: the real Level 2, tape and chart run from 9:30 a.m. and stop at 9:33 a.m. ET for your call.
Sellers kept hitting it. At 9:33:17 a sell order swept through 28 price levels. By 9:35 it hit $12.50 on 99K shares.
The close
The slide never really stopped. It closed at $11.00, 38% below the high and under the prior close.
What to take from it: On this day the best prices came before 9:30.
Replay MOVE's day
It starts at 8:04 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:07 a.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
Gap and fade. It gapped up 30.5% to $15.00 at the open and traded below the open by 4:00 p.m., at $11.00.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:45 a.m. | News (PRNewsWire): Corvex Announces Significant Data Center Expansion; Increasing Current Capacity 5x with Contracted Path to 13x | |
| 7:45 a.m. | First trade 20% above the previous close of $11.49 | |
| 8:35 a.m. | Pre-market high, $17.71 | |
| 8:35 a.m. | High of the day to the close, $17.71 | |
| 9:30 a.m. | The open: $15.00, up 30.5% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $11.00, 37.9% 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
- $11.49
- Open, 9:30 a.m.
- $15.00
- Gap at the open
- +30.5%
- Pre-market high
- $17.71 at 8:35 a.m.
- High, 4 a.m. to 4 p.m.
- $17.71 at 8:35 a.m.
- Low, 4 a.m. to 4 p.m.
- $10.70
- Close, 4 p.m.
- $11.00
- Change at 4 p.m.
- −4.3%
- After-hours high, 4 p.m. to 8 p.m.
- $11.10 at 4:01 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.07 million
- Volume after hours, 4 p.m. to 8 p.m.
- 61,419
- Relative volume by 8 p.m.
- 15.0×
- Float
- 16.40 million shares, from filings as of August 31, 2026
- Shares outstanding
- 27.65 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, 7:45 a.m.).
- Volume, from the one-minute bars: 2.61 million shares before the 9:30 a.m. open (63%), 783,417 in the first 30 minutes (19%), and 729,731 in the rest of the day to 8 p.m. (18%).
- Other days MOVE met the small-cap rule in our recaps: 1, the latest on August 4, 2026.
On the day's lists: the pre-market gappers, intraday runners. 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 MOVE 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 MOVE on August 31, 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.