Hindsight Markets Recaps Small-cap stocks on September 1, 2026
UPC, September 1: a Schedule 13G and an after-hours run to $6.20
UPC barely moved in the regular session after a Schedule 13G, then ran to $6.20 after the close.
What happened
Before the open
The news came first: a Schedule 13G at 6:09 p.m. Before the bell it reached $4.69, on 3 shares.
The open
It opened near its previous close, at $4.58.
The close
It closed at $4.39, 8% under its high. After the close it ran to $6.20 by 6:37 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 0.0% at $4.58 and traded at $4.39 at the 4:00 p.m. close, then ran 41.2% from $4.39 to $6.20 at 6:37 p.m. after the close, on 805,501 shares traded after hours.
| Time (ET) | What happened |
|---|---|
| 5:32 a.m. | Pre-market high, $4.69 |
| 9:30 a.m. | The open: $4.58, up 0.0% from the previous close |
| 11:13 a.m. | High of the day to the close, $4.76 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.39, 7.8% below the high |
| 6:08 p.m. | SEC filing SCHEDULE 13G: |
| 6:09 p.m. | SEC filing SCHEDULE 13G: |
| 6:09 p.m. | SEC filing SCHEDULE 13G: |
| 6:10 p.m. | First trade 20% above the previous close of $4.58 |
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
- $4.58
- Open, 9:30 a.m.
- $4.58
- Gap at the open
- +0.0%
- Pre-market high
- $4.69 at 5:32 a.m.
- High, 4 a.m. to 4 p.m.
- $4.76 at 11:13 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.26
- Close, 4 p.m.
- $4.39
- Change at 4 p.m.
- −4.1%
- After-hours high, 4 p.m. to 8 p.m.
- $6.20 at 6:37 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5,358
- Volume after hours, 4 p.m. to 8 p.m.
- 805,501
- Relative volume by 8 p.m.
- 17.5×
- Float
- 4.95 million shares, from filings as of September 1, 2026
- Shares outstanding
- 5.02 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (SCHEDULE 13G, 6:09 p.m.).
- Volume, from the one-minute bars: 3 shares before the 9:30 a.m. open (0%), 2,490 in the first 30 minutes (0%), and 808,366 in the rest of the day to 8 p.m. (100%).
- Other days UPC met the small-cap rule in our recaps: 3, the latest on October 22, 2026.
- The next session, September 2, 2026, it gapped up 17.8% at 9:30 a.m.
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 UPC 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 UPC 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.