Hindsight Markets Recaps Small-cap stocks on September 25, 2026
FFAI, September 25: news and $1.93
FFAI opened near its previous close after news, then ran to $1.93 during the session.
News via Stock News API
What happened
Before the open
The news came first: news at 6:37 p.m. the day before. Before the bell it reached $1.35, on 4K shares.
The open
It opened near its previous close, at $1.33. It ran to $1.93 by 10:19 a.m.
The close
It closed at $1.59, 17% 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 1.5% at $1.33, then ran from the open to the high of $1.93 in 49 minutes.
| Time (ET) | What happened |
|---|---|
| Sep 24, 6:37 p.m. | News (Business Wire): Faraday Future Announces Details for Its FF EAI “Built in USA” Upstream & Downstream Business Partner Conference Part Two Upstream Partner Session & Industry Ecosystem Co-Creation Session to be Held on Sept. 29 |
| 5:55 a.m. | Pre-market high, $1.35 |
| 9:30 a.m. | The open: $1.33, up 1.5% from the previous close |
| 9:46 a.m. | First trade 20% above the previous close of $1.31 |
| 10:19 a.m. | High of the day to the close, $1.93 |
| 3:37 p.m. | Volume since 4:00 a.m. passes the whole float, 6.09 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.59, 17.4% 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
- $1.31
- Open, 9:30 a.m.
- $1.33
- Gap at the open
- +1.5%
- Pre-market high
- $1.35 at 5:55 a.m.
- High, 4 a.m. to 4 p.m.
- $1.93 at 10:19 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.32
- Close, 4 p.m.
- $1.59
- Change at 4 p.m.
- +21.8%
- After-hours high, 4 p.m. to 8 p.m.
- $1.75 at 7:53 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.24 million
- Volume after hours, 4 p.m. to 8 p.m.
- 123,057
- Relative volume by 8 p.m.
- 15.4×
- Float
- 6.09 million shares, from filings as of September 25, 2026
- Shares outstanding
- 6.13 million
- From news to the move: the first trade 20% above the previous close came 15 hours 9 minutes after the latest news item before it (Business Wire, Sep 24, 6:37 p.m.).
- Volume, from the one-minute bars: 4,124 shares before the 9:30 a.m. open (0%), 1.50 million in the first 30 minutes (24%), and 4.86 million in the rest of the day to 8 p.m. (76%).
- Float rotation, the volume since 4 a.m. against the float of 6.09 million shares: past it once at 3:37 p.m.
- Other days FFAI met the small-cap rule in our recaps: 4, the latest on October 14, 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 FFAI 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 FFAI on September 25, 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.