Hindsight Markets Recaps Small-cap stocks on September 11, 2026
BDRX, September 11: one halt, two walls, and $1.54
BDRX opened up 32%, ran to $1.54 through one halt, then gave back some of the run by the close.
What happened
Halt at $1.22
The only news came after the close. It opened at $0.88 and ran to $1.40 by 10:56. Then a 265K-share ask wall appeared at $1.22, and at 11:16:26 it was halted there.
Stop It's 11:21. BDRX has been halted since 11:16:26 with the last trade at $1.22, after trading at $1.38 at 11:15. The pause is about to end. Would you buy at $1.22?
Press play: the real Level 2, tape and chart run from 11:18 a.m. and stop at 11:21 a.m. ET for your call.
The wall was pulled during the halt. It reopened at 11:21:26 with 194K shares printed at $1.22. By 11:23 it was back at $1.38.
The $1.35 wall
A big offer sat at $1.35 after lunch.
Stop It's 12:43. BDRX is at $1.31. A few cents above, an ask wall has been sitting at $1.35 since 12:37 and peaked at 121,282 shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:40 p.m. and stop at 12:43 p.m. ET for your call.
Buyers ate it. 43,700 shares traded at $1.35 in under 7 seconds, and the wall was gone.
Into the afternoon
It kept climbing, to $1.52 by 1:09.
Stop It's 1:22. BDRX is at $1.52, level with its high from 1:09. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:19 p.m. and stop at 1:22 p.m. ET for your call.
It hit $1.54, the high, at 1:22. Then it faded to $1.29 at the close.
What to take from it: On this day the wall at the halt was pulled, but the $1.35 wall was eaten.
Replay BDRX's day
It starts at 10:25 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:28 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Gap, run, gave some back. It gapped up 32.1% to $0.8817 at the open, ran from the open to the high of $1.54 in 232 minutes through a halt, then gave back 38% of that move by 4:00 p.m., trading at $1.29, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:02 a.m. | First trade 20% above the previous close of $0.6676 | |
| 4:02 a.m. | Pre-market high, $1.15 | |
| 4:04 a.m. | Volume since 4:00 a.m. passes the whole float, 926,260 shares | |
| 9:30 a.m. | The open: $0.8817, up 32.1% from the previous close | |
| 1:22 p.m. | High of the day to the close, $1.54 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.29, 16.2% 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
- $0.6676
- Open, 9:30 a.m.
- $0.8817
- Gap at the open
- +32.1%
- Pre-market high
- $1.15 at 4:02 a.m.
- High, 4 a.m. to 4 p.m.
- $1.54 at 1:22 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.7248
- Close, 4 p.m.
- $1.29
- Change at 4 p.m.
- +93.2%
- After-hours high, 4 p.m. to 8 p.m.
- $1.50 at 4:31 p.m.
- Volume, 4 a.m. to 4 p.m.
- 67.34 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.82 million
- Relative volume by 8 p.m.
- 111.7×
- Float
- 926,260 shares, from filings as of September 11, 2026
- Shares outstanding
- 1.03 million
- Volume, from the one-minute bars: 13.50 million shares before the 9:30 a.m. open (19%), 2.06 million in the first 30 minutes (3%), and 54.60 million in the rest of the day to 8 p.m. (78%).
- Float rotation, the volume since 4 a.m. against the float of 926,260 shares: past it once at 4:04 a.m., twice at 4:08 a.m., three times at 4:12 a.m.
- Other days BDRX met the small-cap rule in our recaps: 2, the latest on September 15, 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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 11:16 a.m. | 11:21 a.m. | 5 min 0 s | down 14.7% | $1.22, unchanged | up 7.4% | 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 BDRX on September 11, 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.