Hindsight Markets Recaps Small-cap stocks on October 1, 2026
LONA, October 1: one halt and $5.32
LONA opened near its previous close, then ran to $5.32 through one halt during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $3.48, on 92 shares.
The open
It opened near its previous close, at $3.39. It ran to $5.32 by 11:49 a.m.
The halts
Trading stopped once, at 11:54 a.m.
The close
It closed at $4.38, 18% 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 down 5.0% at $3.39, then ran from the open to the high of $5.32 in 139 minutes.
| Time (ET) | What happened |
|---|---|
| 6:09 a.m. | Pre-market high, $3.48 |
| 9:30 a.m. | The open: $3.39, down 5.0% from the previous close |
| 11:21 a.m. | First trade 20% above the previous close of $3.57 |
| 11:49 a.m. | High of the day to the close, $5.32 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.38, 17.7% 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
- $3.57
- Open, 9:30 a.m.
- $3.39
- Gap at the open
- −5.0%
- Pre-market high
- $3.48 at 6:09 a.m.
- High, 4 a.m. to 4 p.m.
- $5.32 at 11:49 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.39
- Close, 4 p.m.
- $4.38
- Change at 4 p.m.
- +22.7%
- After-hours high, 4 p.m. to 8 p.m.
- $4.84 at 7:56 p.m.
- Volume, 4 a.m. to 4 p.m.
- 2.37 million
- Volume after hours, 4 p.m. to 8 p.m.
- 70,225
- Relative volume by 8 p.m.
- 45.8×
- Float
- 7.40 million shares, from filings as of October 1, 2026
- Shares outstanding
- 9.42 million
- Volume, from the one-minute bars: 92 shares before the 9:30 a.m. open (0%), 1,582 in the first 30 minutes (0%), and 2.43 million in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day LONA met the small-cap rule.
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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 11:54 a.m. | 12:04 p.m. | 10 min 0 s | down 10.6% | $4.49, down 1.5% | down 6.5% | 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 LONA on October 1, 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.