Hindsight Markets Recaps Small-cap stocks on September 18, 2026
GRML, September 18: a dead regular session, then $4.82 after hours
GRML barely moved in the regular session, then ran to $4.82 after the close.
What happened
A quiet open
Almost nothing traded before the bell. It opened at $2.99, one cent above the $2.98 prior close.
Stop It's 9:32. GRML is at $2.98, level with yesterday's close of $2.98. It opened at $2.99 and traded between $2.95 and $3.00 in the first minute on 4,714 shares. Since then it has gone quiet: no trades at all in the 9:31 minute. The pre-market high was $3.02, and the float is 4.36 million shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:29 a.m. and stop at 9:32 a.m. ET for your call.
It stayed quiet. The regular-session high came at 9:49, just $3.04, on 310 shares.
A slow slide
The rest of the day leaked lower. It closed at $2.85, down 4%, on just 91K shares.
The after-hours run
On this day the real move came after the close, and before any news. From 5:19 p.m. it ran from $3.03 to $3.84 in two minutes. The Greenland security-deal headline hit at 7:03. The high was $4.82 at 7:12, up 62% on the prior close. After hours traded 2.4M shares, 26 times the regular session.
What to take from it: On this day the quiet session hid the move: it all happened after hours.
Replay GRML's day
It starts at 9:31 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:34 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
After-hours run. It opened up 0.3% at $2.99 and traded at $2.86 at the 4:00 p.m. close, then ran 68.5% from $2.86 to $4.82 at 7:12 p.m. after the close, on 2.39 million shares traded after hours.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:29 a.m. | Pre-market high, $3.02 | |
| 9:30 a.m. | The open: $2.99, up 0.3% from the previous close | |
| 9:49 a.m. | High of the day to the close, $3.04 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.86, 5.9% below the high | |
| 5:20 p.m. | First trade 20% above the previous close of $2.98 |
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
- $2.98
- Open, 9:30 a.m.
- $2.99
- Gap at the open
- +0.3%
- Pre-market high
- $3.02 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $3.04 at 9:49 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.82
- Close, 4 p.m.
- $2.86
- Change at 4 p.m.
- −4.0%
- After-hours high, 4 p.m. to 8 p.m.
- $4.82 at 7:12 p.m.
- Volume, 4 a.m. to 4 p.m.
- 95,020
- Volume after hours, 4 p.m. to 8 p.m.
- 2.39 million
- Relative volume by 8 p.m.
- 6.7×
- Float
- 4.36 million shares, from filings as of September 18, 2026
- Shares outstanding
- 4.81 million
- Volume, from the one-minute bars: 4,162 shares before the 9:30 a.m. open (0%), 6,952 in the first 30 minutes (0%), and 2.47 million in the rest of the day to 8 p.m. (100%).
- Other days GRML met the small-cap rule in our recaps: 6, the latest on October 14, 2026.
- The next session, September 21, 2026, it was up 230.2% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: 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 GRML 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 GRML on September 18, 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.