Hindsight Markets Recaps Small-cap stocks on September 2, 2026
TLYS, September 2: an 8-K and an after-hours run to $5.27
TLYS barely moved in the regular session after an 8-K, then ran to $5.27 after the close.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 4:07 p.m. Before the bell it reached $4.19, on 657 shares.
The open
It opened near its previous close, at $4.05.
The close
It closed at $3.83, 9% under its high. After the close it ran to $5.27 by 7:49 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 2.3% at $4.05 and traded at $3.83 at the 4:00 p.m. close, then ran 37.6% from $3.83 to $5.27 at 7:49 p.m. after the close, on 1.87 million shares traded after hours.
| Time (ET) | What happened |
|---|---|
| 8:11 a.m. | Pre-market high, $4.19 |
| 8:11 a.m. | High of the day to the close, $4.19 |
| 9:30 a.m. | The open: $4.05, up 2.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.83, 8.6% below the high |
| 4:05 p.m. | News (Business Wire): Tilly's, Inc. Beats Outlook, Reports Third Consecutive Quarter of Double-Digit Percentage Comp Sales Increases |
| 4:07 p.m. | SEC filing 8-K: 8-K |
| 4:12 p.m. | First trade 20% above the previous close of $3.96 |
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
- $3.96
- Open, 9:30 a.m.
- $4.05
- Gap at the open
- +2.3%
- Pre-market high
- $4.19 at 8:11 a.m.
- High, 4 a.m. to 4 p.m.
- $4.19 at 8:11 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.80
- Close, 4 p.m.
- $3.83
- Change at 4 p.m.
- −3.3%
- After-hours high, 4 p.m. to 8 p.m.
- $5.27 at 7:49 p.m.
- Volume, 4 a.m. to 4 p.m.
- 321,417
- Volume after hours, 4 p.m. to 8 p.m.
- 1.87 million
- Relative volume by 8 p.m.
- 30.5×
- Float
- 10.54 million shares, from filings as of September 2, 2026
- Shares outstanding
- 30.49 million
- From news to the move: the first trade 20% above the previous close came 4 minutes after the latest SEC filing before it (8-K, 4:07 p.m.).
- Volume, from the one-minute bars: 657 shares before the 9:30 a.m. open (0%), 18,928 in the first 30 minutes (1%), and 2.17 million in the rest of the day to 8 p.m. (99%).
- Other days TLYS met the small-cap rule in our recaps: 1, the latest on September 3, 2026.
- The next session, September 3, 2026, it was up 10.7% 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 TLYS 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 TLYS 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.