Hindsight Markets Recaps Small-cap stocks on September 16, 2026
KXIN, September 16: a 6-K and $1.17
KXIN opened near its previous close after a 6-K, then ran to $1.17 during the session.
What happened
Before the open
The news came first: a 6-K at 4:16 p.m. Before the bell it reached $1.07, on 1K shares.
The open
It opened near its previous close, at $1.05. It ran to $1.17 by 11:37 a.m.
The close
It closed at $1.11, 5% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened up 1.9% at $1.05, then ran from the open to the high of $1.17 in 127 minutes.
| Time (ET) | What happened |
|---|---|
| 5:33 a.m. | Pre-market high, $1.07 |
| 9:30 a.m. | The open: $1.05, up 1.9% from the previous close |
| 11:37 a.m. | High of the day to the close, $1.17 |
| 3:58 p.m. | Last trade before the 4:00 p.m. close, $1.11, 5.1% below the high |
| 4:16 p.m. | SEC filing 6-K: FORM 6-K |
| 4:17 p.m. | First trade 20% above the previous close of $1.03 |
| 6:58 p.m. | Volume since 4:00 a.m. passes the whole float, 5.33 million shares |
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
- $1.03
- Open, 9:30 a.m.
- $1.05
- Gap at the open
- +1.9%
- Pre-market high
- $1.07 at 5:33 a.m.
- High, 4 a.m. to 4 p.m.
- $1.17 at 11:37 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.03
- Close, 4 p.m.
- $1.11
- Change at 4 p.m.
- +7.8%
- After-hours high, 4 p.m. to 8 p.m.
- $2.78 at 7:50 p.m.
- Volume, 4 a.m. to 4 p.m.
- 45,662
- Volume after hours, 4 p.m. to 8 p.m.
- 7.38 million
- Relative volume by 8 p.m.
- 12.1×
- Float
- 5.33 million shares, from filings as of September 16, 2026
- Shares outstanding
- 5.48 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (6-K, 4:16 p.m.).
- Volume, from the one-minute bars: 1,107 shares before the 9:30 a.m. open (0%), 8,401 in the first 30 minutes (0%), and 7.42 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 5.33 million shares: past it once at 6:58 p.m.
- Other days KXIN met the small-cap rule in our recaps: 2, the latest on September 17, 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 KXIN 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 KXIN 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.