Hindsight Markets Recaps Small-cap stocks on September 16, 2026
DLXY, September 16: an 8:00 headline, 31 halts, and $4.45
DLXY more than doubled at the open after news, ran to $4.45 through 31 halts, then gave back most of the run by the close.
News via Stock News API
What happened
The news
An 8:00 a.m. oil field deal headline hit a very quiet stock. By 8:06, more shares had traded than its whole 7.17M float.
Halts up to $3.65
Halts then lifted it in steps. It reopened at 12:21:36 at $3.50, 63% above where it stopped. Fifteen seconds later it was halted at $3.65.
Stop It's 12:40. DLXY has been halted since 12:21 with the last trade at $3.65. It was $0.65 at 9:56. Would you buy when it reopens?
Press play: the real Level 2, tape and chart run from 12:37 p.m. and stop at 12:40 p.m. ET for your call.
It reopened at $4.30 and hit $4.45 that minute. A 484K-share ask wall appeared at $4.15, and it was halted again at 12:41.
The wall at $3.50
During that halt, a sell wall grew at $3.50. It peaked at 544K shares at 1:16.
Stop It's 1:21. DLXY has been halted since 12:41, with the last trade at $4.15. A very large ask wall, at its peak 543,533 shares, has sat at $3.50 since 1:11. Would you buy when it reopens?
Press play: the real Level 2, tape and chart run from 1:18 p.m. and stop at 1:21 p.m. ET for your call.
It reopened at 1:21:12 at $2.40, 42% lower. The $3.50 wall was pulled at 1:24:36. It closed at $2.03.
What to take from it: On this day, halts reopened far from where they stopped, both up and down.
Replay DLXY's day
It starts at 7:56 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:59 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 143.4% to $1.01 at the open, ran from the open to the high of $4.45 in 190 minutes through 10 halts, then gave back 70% of that move by 4:00 p.m., trading at $2.03, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:00 a.m. | News (GlobeNewsWire): Delixy Holdings Limited Signs Non-Binding Letter of Intent for Strategic Transaction Involving Up to 48% Interest in East Kazakhstan Sarybulak Oil Field | |
| 8:00 a.m. | First trade 20% above the previous close of $0.415 | |
| 8:06 a.m. | Volume since 4:00 a.m. passes the whole float, 7.17 million shares | |
| 8:36 a.m. | Pre-market high, $1.31 | |
| 9:30 a.m. | The open: $1.01, up 143.4% from the previous close | |
| 12:40 p.m. | High of the day to the close, $4.45 | |
| 3:42 p.m. | Last trade before the 4:00 p.m. close, $2.03, 54.4% 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
- $0.415
- Open, 9:30 a.m.
- $1.01
- Gap at the open
- +143.4%
- Pre-market high
- $1.31 at 8:36 a.m.
- High, 4 a.m. to 4 p.m.
- $4.45 at 12:40 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.4065
- Close, 4 p.m.
- $2.03
- Change at 4 p.m.
- +389.2%
- After-hours high, 4 p.m. to 8 p.m.
- $2.76 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 103.25 million
- Volume after hours, 4 p.m. to 8 p.m.
- 13.90 million
- Relative volume by 8 p.m.
- 666.7×
- Float
- 7.17 million shares, from filings as of September 16, 2026
- Shares outstanding
- 16.35 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (GlobeNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 53.15 million shares before the 9:30 a.m. open (45%), 10.46 million in the first 30 minutes (9%), and 53.53 million in the rest of the day to 8 p.m. (46%).
- Float rotation, the volume since 4 a.m. against the float of 7.17 million shares: past it once at 8:06 a.m., twice at 8:13 a.m., three times at 8:20 a.m.
- Other days DLXY met the small-cap rule in our recaps: 2, the latest on October 6, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 (31)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:36 a.m. | 9:41 a.m. | 5 min 0 s | down 12.0% | $0.7796, down 0.1% | up 6.6% | LULD pause (limit up-limit down) | |
| 10:28 a.m. | 10:33 a.m. | 5 min 0 s | up 30.3% | $0.87, down 5.4% | down 17.2% | LULD pause (limit up-limit down) | |
| 11:01 a.m. | 11:06 a.m. | 5 min 0 s | up 20.1% | $1.09, up 0.9% | up 11.9% | LULD pause (limit up-limit down) | |
| 11:07 a.m. | 11:12 a.m. | 5 min 0 s | up 13.0% | $1.24, up 1.6% | down 16.1% | LULD pause (limit up-limit down) | |
| 11:13 a.m. | 11:18 a.m. | 5 min 0 s | down 14.8% | $1.04, unchanged | up 27.9% | LULD pause (limit up-limit down) | |
| 11:20 a.m. | 11:25 a.m. | 5 min 0 s | up 27.9% | $1.39, up 4.5% | LULD pause (limit up-limit down) | ||
| 11:25 a.m. | 11:30 a.m. | 5 min 0 s | up 15.8% | $1.59, up 3.2% | up 9.4% | LULD pause (limit up-limit down) | |
| 11:31 a.m. | 11:41 a.m. | 10 min 0 s | up 13.0% | $2.00, up 14.9% | LULD pause (limit up-limit down) | ||
| 11:41 a.m. | 12:21 p.m. | 40 min 4 s | up 23.6% | $3.50, up 62.8% | LULD pause (limit up-limit down) | ||
| 12:21 p.m. | 12:40 p.m. | 18 min 54 s | up 69.8% | $4.30, up 17.8% | down 3.5% | LULD pause (limit up-limit down) | |
| 12:41 p.m. | 1:21 p.m. | 40 min 1 s | up 13.7% | $2.40, down 42.2% | LULD pause (limit up-limit down) | ||
| 1:21 p.m. | 1:31 p.m. | 10 min 0 s | down 45.8% | $2.00, down 11.1% | LULD pause (limit up-limit down) | ||
| 1:31 p.m. | 1:41 p.m. | 10 min 1 s | down 17.8% | $1.50, down 18.9% | down 10.0% | LULD pause (limit up-limit down) | |
| 1:42 p.m. | 1:52 p.m. | 10 min 0 s | down 27.0% | $1.22, down 9.6% | LULD pause (limit up-limit down) | ||
| 1:52 p.m. | 2:02 p.m. | 10 min 0 s | up 1.5% | $1.56, up 13.9% | down 9.6% | LULD pause (limit up-limit down) | |
| 2:03 p.m. | 2:08 p.m. | 5 min 0 s | up 2.9% | $1.39, down 1.4% | LULD pause (limit up-limit down) | ||
| 2:08 p.m. | 2:13 p.m. | 5 min 0 s | down 12.1% | $1.11, down 10.5% | up 13.5% | LULD pause (limit up-limit down) | |
| 2:14 p.m. | 2:19 p.m. | 5 min 0 s | up 1.6% | $1.33, up 5.6% | up 15.0% | LULD pause (limit up-limit down) | |
| 2:20 p.m. | 2:25 p.m. | 5 min 0 s | up 21.4% | $1.53, unchanged | up 17.0% | LULD pause (limit up-limit down) | |
| 2:26 p.m. | 2:31 p.m. | 5 min 0 s | up 17.0% | $1.91, up 6.7% | LULD pause (limit up-limit down) | ||
| 2:31 p.m. | 2:36 p.m. | 5 min 0 s | up 15.1% | $2.20, up 6.8% | down 6.8% | LULD pause (limit up-limit down) | |
| 2:37 p.m. | 2:47 p.m. | 10 min 0 s | down 0.5% | $1.81, down 11.7% | LULD pause (limit up-limit down) | ||
| 2:47 p.m. | 2:52 p.m. | 5 min 0 s | down 19.0% | $1.55, down 6.6% | LULD pause (limit up-limit down) | ||
| 2:52 p.m. | 2:57 p.m. | 5 min 0 s | up 2.4% | $1.80, up 5.9% | down 3.3% | LULD pause (limit up-limit down) | |
| 2:58 p.m. | 3:03 p.m. | 5 min 0 s | up 2.4% | $1.85, up 6.3% | down 3.8% | LULD pause (limit up-limit down) | |
| 3:05 p.m. | 3:10 p.m. | 5 min 0 s | up 2.3% | $1.78, unchanged | down 8.4% | LULD pause (limit up-limit down) | |
| 3:11 p.m. | 3:16 p.m. | 5 min 0 s | down 8.4% | $1.55, down 4.9% | down 9.7% | LULD pause (limit up-limit down) | |
| 3:17 p.m. | 3:22 p.m. | 5 min 0 s | down 14.1% | $1.30, down 7.1% | LULD pause (limit up-limit down) | ||
| 3:22 p.m. | 3:27 p.m. | 5 min 0 s | up 3.6% | $1.50, up 3.4% | LULD pause (limit up-limit down) | ||
| 3:27 p.m. | 3:32 p.m. | 5 min 0 s | up 13.8% | $1.70, up 3.0% | up 4.1% | LULD pause (limit up-limit down) | |
| 3:42 p.m. | 4:00 p.m. | 17 min 46 s | up 18.0% | $2.04, up 0.5% | up 13.7% | 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 DLXY on September 16, 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.