Hindsight Markets Recaps Small-cap stocks on September 28, 2026
KNDI, September 28: a 6-K, two halts, and $1.03
KNDI opened near its previous close after a 6-K, then ran to $1.03 through two halts during the session.
What happened
Before the open
The news came first: a 6-K at 7:00 a.m. Before the bell it reached $0.86, on 4.6M shares.
The open
It opened near its previous close, at $0.62. It ran to $1.03 by 11:04 a.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it two times, from 10:57 a.m. to 11:06 a.m.
The close
It closed at $0.8093, 21% 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 5.4% at $0.62, then ran from the open to the high of $1.03 in 94 minutes through a halt.
| Time (ET) | What happened |
|---|---|
| 7:00 a.m. | SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER |
| 7:28 a.m. | First trade 20% above the previous close of $0.588 |
| 7:29 a.m. | Pre-market high, $0.86 |
| 9:30 a.m. | The open: $0.62, up 5.4% from the previous close |
| 11:04 a.m. | High of the day to the close, $1.03 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.8093, 21.4% 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
- $0.588
- Open, 9:30 a.m.
- $0.62
- Gap at the open
- +5.4%
- Pre-market high
- $0.86 at 7:29 a.m.
- High, 4 a.m. to 4 p.m.
- $1.03 at 11:04 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.484
- Close, 4 p.m.
- $0.8093
- Change at 4 p.m.
- +37.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.02 at 4:25 p.m.
- Volume, 4 a.m. to 4 p.m.
- 22.25 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.60 million
- Relative volume by 8 p.m.
- 634.0×
- Float
- 85.62 million shares, from filings as of September 28, 2026
- Shares outstanding
- 100.42 million
- From news to the move: the first trade 20% above the previous close came 27 minutes after the latest SEC filing before it (6-K, 7:00 a.m.).
- Volume, from the one-minute bars: 4.60 million shares before the 9:30 a.m. open (19%), 170,238 in the first 30 minutes (1%), and 20.07 million in the rest of the day to 8 p.m. (81%).
- In our recaps, this is the only day KNDI met the small-cap rule.
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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 10:57 a.m. | 11:02 a.m. | 5 min 0 s | up 41.0% | $0.97, up 1.0% | down 16.5% | LULD pause (limit up-limit down) |
| 11:06 a.m. | 11:11 a.m. | 5 min 0 s | down 15.6% | $0.831, up 2.6% | up 20.3% | 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 KNDI on September 28, 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.