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

TNMG, October 2: news and a gap that held

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TNMG opened up 11% after news and held near that level into the close.

News via Stock News API

News$5.79$4.15$4.014 a.m.9:30noon4 p.m.8 p.m.
TNMG 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 5:30 a.m. Before the bell it reached $5.79, on 5.5M shares.

The open

It opened up 11%, at $4.59.

The close

It closed at $4.75, 18% under its high.

What to take from it: The gap was the move. After the open it went sideways.

The details

How it traded, step by step

Gap and hold. It gapped up 10.6% to $4.59 at the open and held near or above it, trading at $4.75 at 4:00 p.m.

Time (ET)What happened
5:30 a.m.News (Newsfile Corp): TNL Mediagene Enters into Definitive Agreement to Sell Japanese Business in Management Buyout
5:55 a.m.First trade 20% above the previous close of $4.15
6:02 a.m.Volume since 4:00 a.m. passes the whole float, 697,299 shares
6:45 a.m.Pre-market high, $5.79
6:45 a.m.High of the day to the close, $5.79
9:30 a.m.The open: $4.59, up 10.6% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $4.75, 17.9% 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.
$4.59
Gap at the open
+10.6%
Pre-market high
$5.79 at 6:45 a.m.
High, 4 a.m. to 4 p.m.
$5.79 at 6:45 a.m.
Low, 4 a.m. to 4 p.m.
$4.01
Close, 4 p.m.
$4.75
Change at 4 p.m.
+14.6%
After-hours high, 4 p.m. to 8 p.m.
$4.76 at 4:00 p.m.
Volume, 4 a.m. to 4 p.m.
6.73 million
Volume after hours, 4 p.m. to 8 p.m.
67,112
Relative volume by 8 p.m.
6.0×
Float
697,299 shares, from filings as of October 2, 2026
Shares outstanding
760,573
  • From news to the move: the first trade 20% above the previous close came 25 minutes after the latest news item before it (Newsfile Corp, 5:30 a.m.).
  • Volume, from the one-minute bars: 5.50 million shares before the 9:30 a.m. open (81%), 320,457 in the first 30 minutes (5%), and 972,208 in the rest of the day to 8 p.m. (14%).
  • Float rotation, the volume since 4 a.m. against the float of 697,299 shares: past it once at 6:02 a.m., twice at 6:12 a.m., three times at 6:31 a.m.
  • Other days TNMG met the small-cap rule in our recaps: 5, the latest on October 30, 2026.

On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 TNMG 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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