Hindsight Markets Recaps Small-cap stocks on September 1, 2026
FLYE, September 1: $3.97 at 5:38 a.m., a halt, and $2.17 at the close
FLYE opened up 32%, ran to $2.79 through one halt, then gave back most of the run by the close.
What happened
Spike before dawn
FLYE closed at $1.36 the day before. At 5:38 a.m. it spiked to $3.97, the day's high.
Right after, 132K shares sat for sale at $2.89, 9% of the float.
Stop It's 5:42 a.m. FLYE is at $2.88, after touching $3.97 four minutes ago. An ask wall at $2.89 has been as large as 131,928 shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 5:39 a.m. and stop at 5:42 a.m. ET for your call.
The wall was pulled at 5:42:32, almost untouched. By 5:46 the stock was at $2.01.
Push and halt
It opened at $1.80 and climbed fast.
Stop It's 9:55. FLYE is at $2.47, up from the $1.80 open and just under the $2.57 highs from 9:43 and 9:52. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:52 a.m. and stop at 9:55 a.m. ET for your call.
It hit $2.79, a lower high, then slid. A pause at 10:00:36 froze it. It reopened at 10:05:36 at $2.10.
The $2.30 wall
In the afternoon, sellers held $2.30.
Stop It's 2:22. FLYE is at $2.21. An ask wall has sat at $2.30 since 12:27 p.m. and was 56,842 shares at its biggest. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:19 p.m. and stop at 2:22 p.m. ET for your call.
A 59K-share buy swept up to $2.30 at 2:22:00, and the wall vanished a second later. It closed at $2.17.
What to take from it: The $2.89 wall was pulled and the stock fell; the $2.30 wall was eaten and it rose.
Replay FLYE's day
It starts at 9:25 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:28 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, run, gave some back. It gapped up 32.4% to $1.80 at the open, ran from the open to the high of $2.79 in 25 minutes, then gave back 63% of that move by 4:00 p.m., trading at $2.17, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 5:36 a.m. | First trade 20% above the previous close of $1.36 | |
| 5:38 a.m. | Pre-market high, $3.97 | |
| 5:38 a.m. | High of the day to the close, $3.97 | |
| 6:08 a.m. | Volume since 4:00 a.m. passes the whole float, 1.46 million shares | |
| 9:30 a.m. | The open: $1.80, up 32.4% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.17, 45.3% 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
- $1.36
- Open, 9:30 a.m.
- $1.80
- Gap at the open
- +32.4%
- Pre-market high
- $3.97 at 5:38 a.m.
- High, 4 a.m. to 4 p.m.
- $3.97 at 5:38 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.38
- Close, 4 p.m.
- $2.17
- Change at 4 p.m.
- +59.6%
- After-hours high, 4 p.m. to 8 p.m.
- $2.69 at 5:15 p.m.
- Volume, 4 a.m. to 4 p.m.
- 26.71 million
- Volume after hours, 4 p.m. to 8 p.m.
- 3.02 million
- Relative volume by 8 p.m.
- n/m
- Float
- 1.46 million shares, from filings as of September 1, 2026
- Shares outstanding
- 1.63 million
- Volume, from the one-minute bars: 5.60 million shares before the 9:30 a.m. open (19%), 9.45 million in the first 30 minutes (32%), and 14.67 million in the rest of the day to 8 p.m. (49%).
- Float rotation, the volume since 4 a.m. against the float of 1.46 million shares: past it once at 6:08 a.m., twice at 6:55 a.m., three times at 7:25 a.m.
- Other days FLYE met the small-cap rule in our recaps: 4, the latest on October 16, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:00 a.m. | 10:05 a.m. | 5 min 0 s | down 21.9% | $2.10, up 1.4% | down 4.3% | 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 FLYE on September 1, 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.