Hindsight Markets Recaps Small-cap stocks on September 10, 2026
JZ, September 10: a gap that faded
JZ opened up 21%, then faded below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $1.30, on 4.3M shares.
The open
It opened up 21%, at $0.9547.
The close
It closed at $0.7762, 40% 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 20.8% to $0.9547 at the open and traded below the open by 4:00 p.m., at $0.7762.
| Time (ET) | What happened |
|---|---|
| 4:05 a.m. | First trade 20% above the previous close of $0.79 |
| 4:06 a.m. | Pre-market high, $1.30 |
| 4:06 a.m. | High of the day to the close, $1.30 |
| 9:30 a.m. | The open: $0.9547, up 20.8% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.7762, 40.3% 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
- $0.79
- Open, 9:30 a.m.
- $0.9547
- Gap at the open
- +20.8%
- Pre-market high
- $1.30 at 4:06 a.m.
- High, 4 a.m. to 4 p.m.
- $1.30 at 4:06 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.725
- Close, 4 p.m.
- $0.7762
- Change at 4 p.m.
- −1.7%
- After-hours high, 4 p.m. to 8 p.m.
- $1.00 at 6:34 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.33 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.04 million
- Relative volume by 8 p.m.
- 5.6×
- Float
- 14.38 million shares, from filings as of September 10, 2026
- Shares outstanding
- 14.41 million
- Volume, from the one-minute bars: 4.27 million shares before the 9:30 a.m. open (67%), 422,844 in the first 30 minutes (7%), and 1.68 million in the rest of the day to 8 p.m. (26%).
- Other days JZ met the small-cap rule in our recaps: 6, the latest on October 14, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, 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 JZ 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 JZ on September 10, 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.