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Hindsight Markets Recaps Small-cap stocks on October 2, 2026

SORA, October 2: news and a pre-market spike to $3.05

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SORA spiked to $3.05 before the open after news, then gave much of it back in the session.

News via Stock News API

News$3.05$2.36$2.054 a.m.9:30noon4 p.m.8 p.m.
SORA on October 2, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: news at 4:05 p.m. the day before. Before the bell it reached $3.05, on 581K shares.

The open

It opened near its previous close, at $2.34.

The close

It closed at $2.19, 28% under its high.

What to take from it: The move happened before the bell. The regular session never got back to the pre-market high.

The details

How it traded, step by step

Pre-market spike. Before the open it spiked 29.2% from $2.36 to $3.05 at 4:00 a.m.. It opened down 0.8% at $2.34 and traded at $2.19 at 4:00 p.m.

Time (ET)What happened
Oct 1, 4:05 p.m.News (GlobeNewsWire): AsiaStrategy Signs Memorandum of Understanding with Plume Network to Advance Real-World Asset Tokenisation Across Asia
4:00 a.m.First trade 20% above the previous close of $2.36
4:00 a.m.Pre-market high, $3.05
4:00 a.m.High of the day to the close, $3.05
9:30 a.m.The open: $2.34, down 0.8% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $2.19, 28.2% 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
$2.36
Open, 9:30 a.m.
$2.34
Gap at the open
−0.8%
Pre-market high
$3.05 at 4:00 a.m.
High, 4 a.m. to 4 p.m.
$3.05 at 4:00 a.m.
Low, 4 a.m. to 4 p.m.
$2.05
Close, 4 p.m.
$2.19
Change at 4 p.m.
−7.2%
After-hours high, 4 p.m. to 8 p.m.
$2.30 at 5:30 p.m.
Volume, 4 a.m. to 4 p.m.
852,805
Volume after hours, 4 p.m. to 8 p.m.
47,356
Relative volume by 8 p.m.
5.1×
Float
10.41 million shares, from filings as of October 2, 2026
Shares outstanding
24.86 million
  • From news to the move: the first trade 20% above the previous close came 11 hours 55 minutes after the latest news item before it (GlobeNewsWire, Oct 1, 4:05 p.m.).
  • Volume, from the one-minute bars: 581,450 shares before the 9:30 a.m. open (65%), 89,975 in the first 30 minutes (10%), and 228,736 in the rest of the day to 8 p.m. (25%).
  • Other days SORA met the small-cap rule in our recaps: 2, the latest on October 1, 2026.

On the day's lists: the intraday runners. 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 SORA 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.

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