Hindsight Markets Recaps Small-cap stocks on September 2, 2026
GIXI, September 2: six halts and $15.50
GIXI opened down 31%, then ran to $15.50 through six halts during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $12.25, on 19 shares.
The open
It opened down 31%, at $8.49. It ran to $15.50 by 2:45 p.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it six times, from 1:57 p.m. to 2:46 p.m. The biggest jump was the reopen after 1:57 p.m.: 14% above the last trade before it.
The close
It closed at $12.70, 18% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 30.7% at $8.49, then ran from the open to the high of $15.50 in 315 minutes through 5 halts.
| Time (ET) | What happened |
|---|---|
| 8:39 a.m. | Pre-market high, $12.25 |
| 9:30 a.m. | The open: $8.49, down 30.7% from the previous close |
| 2:45 p.m. | First trade 20% above the previous close of $12.25 |
| 2:45 p.m. | High of the day to the close, $15.50 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $12.70, 18.1% 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
- $12.25
- Open, 9:30 a.m.
- $8.49
- Gap at the open
- −30.7%
- Pre-market high
- $12.25 at 8:39 a.m.
- High, 4 a.m. to 4 p.m.
- $15.50 at 2:45 p.m.
- Low, 4 a.m. to 4 p.m.
- $8.10
- Close, 4 p.m.
- $12.70
- Change at 4 p.m.
- +3.7%
- After-hours high, 4 p.m. to 8 p.m.
- $44.00 at 4:09 p.m.
- Volume, 4 a.m. to 4 p.m.
- 46,764
- Volume after hours, 4 p.m. to 8 p.m.
- 650,908
- Relative volume by 8 p.m.
- n/m
- Float
- 2.49 million shares, from filings as of September 2, 2026
- Shares outstanding
- 2.49 million
- Volume, from the one-minute bars: 19 shares before the 9:30 a.m. open (0%), 5,872 in the first 30 minutes (1%), and 691,781 in the rest of the day to 8 p.m. (99%).
- Other days GIXI met the small-cap rule in our recaps: 2, the latest on October 22, 2026.
- The next session, September 3, 2026, it was down 50.8% 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 (6)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 1:57 p.m. | 2:09 p.m. | 12 min 6 s | up 9.3% | $13.66, up 14.4% | down 12.2% | LULD pause (limit up-limit down) |
| 2:14 p.m. | 2:24 p.m. | 10 min 0 s | down 13.8% | $11.25, down 3.4% | up 11.1% | LULD pause (limit up-limit down) |
| 2:28 p.m. | 2:33 p.m. | 5 min 0 s | up 7.4% | $12.99, up 3.9% | up 8.2% | LULD pause (limit up-limit down) |
| 2:34 p.m. | 2:39 p.m. | 5 min 0 s | up 12.5% | $13.00, down 7.5% | up 10.0% | LULD pause (limit up-limit down) |
| 2:40 p.m. | 2:45 p.m. | 5 min 0 s | up 1.7% | $15.00, up 4.9% | down 10.0% | LULD pause (limit up-limit down) |
| 2:46 p.m. | 2:51 p.m. | 5 min 0 s | down 5.6% | $13.00, down 3.7% | down 0.2% | 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 GIXI on September 2, 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.