Hindsight Markets Recaps Small-cap stocks on August 31, 2026
SSM, August 31: a Form 4 and an after-hours run to $5.20
SSM barely moved in the regular session after a Form 4, then ran to $5.20 after the close.
What happened
Before the open
The news came first: a Form 4 at 11:44 a.m. Before the bell it reached $2.90, on 290 shares.
The open
It opened near its previous close, at $2.70.
The close
It closed at $2.65, 9% under its high. After the close it ran to $5.20 by 5:34 p.m.
What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.
The details
How it traded, step by step
After-hours run. It opened up 1.1% at $2.70 and traded at $2.65 at the 4:00 p.m. close, then ran 96.2% from $2.65 to $5.20 at 5:34 p.m. after the close, on 3.73 million shares traded after hours.
| Time (ET) | What happened |
|---|---|
| 7:18 a.m. | Pre-market high, $2.90 |
| 7:18 a.m. | High of the day to the close, $2.90 |
| 9:30 a.m. | The open: $2.70, up 1.1% from the previous close |
| 11:44 a.m. | SEC filing 4: Insider sale of 4,000 sh at $2.75 ($11K) by Bambino 255 V V UG haftungsbeschrankt (10% owner) |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.65, 8.6% below the high |
| 5:21 p.m. | First trade 20% above the previous close of $2.67 |
| 5:40 p.m. | Volume since 4:00 a.m. passes the whole float, 1.42 million shares |
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
- $2.67
- Open, 9:30 a.m.
- $2.70
- Gap at the open
- +1.1%
- Pre-market high
- $2.90 at 7:18 a.m.
- High, 4 a.m. to 4 p.m.
- $2.90 at 7:18 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.62
- Close, 4 p.m.
- $2.65
- Change at 4 p.m.
- −0.7%
- After-hours high, 4 p.m. to 8 p.m.
- $5.20 at 5:34 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6,083
- Volume after hours, 4 p.m. to 8 p.m.
- 3.73 million
- Relative volume by 8 p.m.
- 41.9×
- Float
- 1.42 million shares, from filings as of August 31, 2026
- Shares outstanding
- 1.42 million
- From news to the move: the first trade 20% above the previous close came 5 hours 36 minutes after the latest SEC filing before it (4, 11:44 a.m.).
- Volume, from the one-minute bars: 290 shares before the 9:30 a.m. open (0%), 1,076 in the first 30 minutes (0%), and 3.73 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.42 million shares: past it once at 5:40 p.m., twice at 6:32 p.m.
- Other days SSM met the small-cap rule in our recaps: 6, the latest on October 2, 2026.
- The next session, September 1, 2026, it was up 77.6% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners, after-hours movers. 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 SSM 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 SSM 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.