Hindsight Markets Recaps Small-cap stocks on September 23, 2026
ARTL, September 23: a 7:33 spike, 11 halts, and $15.73
ARTL opened near its previous close after news, then ran to $15.73 through eleven halts during the session.
News via Stock News API
What happened
News, then a fade
The 7:33 a.m. patent news gave ARTL a spike that did not last. It jumped to $5.98 that minute, then fell to $3.60 by 7:37. It opened at $3.99, below the $4.15 close.
Six halts up
The run started late morning and came in halts. The first came at 10:54:26 at $5.33. It reopened 19% higher.
By the sixth reopen, at 12:08, it was $12.75. Then it swung hard, down to $9.26 by 12:46.
The wall at $15.00
From 12:20 a wall of shares for sale sat at $15.00.
Stop It's 12:58. ARTL is at $12.38, up from $9.26 twelve minutes ago. Stock has been offered at exactly $15.00 since 12:20. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:55 p.m. and stop at 12:58 p.m. ET for your call.
It was halted at 12:59:39 and reopened at $14.30. At 1:09:51 buyers ate the $15.00 wall in under a second. The high was $15.73.
Five seconds later a sell order swept it down to $13.40.
The fade
The next push stopped lower, at $13.97. It slid all afternoon and closed at $7.30, 54% under the high.
What to take from it: The $15.00 wall was eaten in under a second, and five seconds later sellers swept the price back down.
Replay ARTL's day
It starts at 12:44 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:47 p.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
Intraday run. It opened down 3.9% at $3.99, then ran from the open to the high of $15.73 in 219 minutes through 10 halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:33 a.m. | News (GlobeNewsWire): Artelo Biosciences Files New Provisional Patent Application Covering ART27.13 for Obesity, Alone and in Combination with GLP-1 Receptor Agonists, Following Unexpected Nonclinical Findings | |
| 7:33 a.m. | First trade 20% above the previous close of $4.15 | |
| 7:33 a.m. | Pre-market high, $5.98 | |
| 9:30 a.m. | The open: $3.99, down 3.9% from the previous close | |
| 11:14 a.m. | Volume since 4:00 a.m. passes the whole float, 510,398 shares | |
| 1:09 p.m. | High of the day to the close, $15.73 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $7.30, 53.6% 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
- $4.15
- Open, 9:30 a.m.
- $3.99
- Gap at the open
- −3.9%
- Pre-market high
- $5.98 at 7:33 a.m.
- High, 4 a.m. to 4 p.m.
- $15.73 at 1:09 p.m.
- Low, 4 a.m. to 4 p.m.
- $3.60
- Close, 4 p.m.
- $7.30
- Change at 4 p.m.
- +75.9%
- After-hours high, 4 p.m. to 8 p.m.
- $7.61 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 10.43 million
- Volume after hours, 4 p.m. to 8 p.m.
- 767,801
- Relative volume by 8 p.m.
- 202.4×
- Float
- 510,398 shares, from filings as of September 23, 2026
- Shares outstanding
- 510,563
- 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, 7:33 a.m.).
- Volume, from the one-minute bars: 285,786 shares before the 9:30 a.m. open (3%), 23,524 in the first 30 minutes (0%), and 10.89 million in the rest of the day to 8 p.m. (97%).
- Float rotation, the volume since 4 a.m. against the float of 510,398 shares: past it once at 11:14 a.m., twice at 11:35 a.m., three times at 11:41 a.m.
- Other days ARTL met the small-cap rule in our recaps: 2, the latest on August 31, 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 (11)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:54 a.m. | 11:14 a.m. | 19 min 56 s | up 15.9% | $6.33, up 18.8% | LULD pause (limit up-limit down) | ||
| 11:14 a.m. | 11:34 a.m. | 20 min 1 s | up 30.6% | $8.63, up 24.0% | up 10.0% | LULD pause (limit up-limit down) | |
| 11:35 a.m. | 11:40 a.m. | 5 min 0 s | up 36.4% | $8.83, down 7.0% | up 11.2% | LULD pause (limit up-limit down) | |
| 11:41 a.m. | 11:46 a.m. | 5 min 0 s | up 3.5% | $9.25, down 5.8% | up 10.1% | LULD pause (limit up-limit down) | |
| 11:47 a.m. | 11:57 a.m. | 10 min 0 s | up 3.7% | $10.89, up 7.0% | up 10.0% | LULD pause (limit up-limit down) | |
| 11:58 a.m. | 12:08 p.m. | 10 min 0 s | up 17.7% | $12.75, up 6.4% | down 4.2% | LULD pause (limit up-limit down) | |
| 12:09 p.m. | 12:19 p.m. | 10 min 0 s | up 2.0% | $10.90, down 10.8% | up 15.9% | LULD pause (limit up-limit down) | |
| 12:20 p.m. | 12:30 p.m. | 10 min 0 s | up 3.4% | $13.89, up 10.0% | down 10.9% | LULD pause (limit up-limit down) | |
| 12:31 p.m. | 12:46 p.m. | 15 min 0 s | down 2.1% | $10.29, down 16.8% | up 10.0% | LULD pause (limit up-limit down) | |
| 12:59 p.m. | 1:09 p.m. | 10 min 0 s | up 16.6% | $14.30, up 9.0% | down 10.8% | LULD pause (limit up-limit down) | |
| 1:11 p.m. | 1:21 p.m. | 10 min 0 s | down 2.8% | $11.50, down 9.8% | up 11.7% | 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 ARTL on September 23, 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.