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Hindsight Markets Recaps Small-cap stocks on September 10, 2026

CULP, September 10: news and a gap that faded

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CULP opened up 17% after news, then faded below its open by the close.

News via Stock News API

NewsNews$4.38$3.49$3.644 a.m.9:30noon4 p.m.8 p.m.
CULP on September 10, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: news at 6:20 p.m. the day before. Before the bell it reached $4.38, on 287K shares.

The open

It opened up 17%, at $4.09.

The close

It closed at $3.83, 13% under its high.

What to take from it: A big gap is not a trend. This one traded below its open by the close.

The details

How it traded, step by step

Gap and fade. It gapped up 17.2% to $4.09 at the open and traded below the open by 4:00 p.m., at $3.83.

Time (ET)What happened
Sep 9, 4:05 p.m.News (Business Wire): Culp Announces First Quarter Fiscal 2027 Results
Sep 9, 6:20 p.m.News (Zacks Investment Research): Culp, Inc. (CULP) Q1 Earnings and Revenues Beat Estimates
4:12 a.m.First trade 20% above the previous close of $3.49
6:11 a.m.Pre-market high, $4.38
6:11 a.m.High of the day to the close, $4.38
9:30 a.m.The open: $4.09, up 17.2% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $3.83, 12.6% 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
$3.49
Open, 9:30 a.m.
$4.09
Gap at the open
+17.2%
Pre-market high
$4.38 at 6:11 a.m.
High, 4 a.m. to 4 p.m.
$4.38 at 6:11 a.m.
Low, 4 a.m. to 4 p.m.
$3.64
Close, 4 p.m.
$3.83
Change at 4 p.m.
+9.7%
After-hours high, 4 p.m. to 8 p.m.
$3.96 at 5:03 p.m.
Volume, 4 a.m. to 4 p.m.
595,973
Volume after hours, 4 p.m. to 8 p.m.
22,676
Relative volume by 8 p.m.
16.8×
Float
10.52 million shares, from filings as of September 10, 2026
Shares outstanding
12.72 million
  • From news to the move: the first trade 20% above the previous close came 9 hours 51 minutes after the latest news item before it (Zacks Investment Research, Sep 9, 6:20 p.m.).
  • Volume, from the one-minute bars: 287,105 shares before the 9:30 a.m. open (46%), 114,342 in the first 30 minutes (18%), and 217,202 in the rest of the day to 8 p.m. (35%).
  • Other days CULP met the small-cap rule in our recaps: 1, the latest on September 9, 2026.

On the day's lists: the pre-market gappers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 CULP 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.

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