Hindsight Markets Recaps Small-cap stocks on October 5, 2026
PICS, October 5: a run to $11.85
PICS opened up 12%, ran to $11.85, and held most of the move into the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $10.26, on 29K shares.
The open
It opened up 12%, at $10.20. It ran to $11.85 by 3:13 p.m.
The close
It closed at $11.61, near its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 12.2% to $10.20 at the open, ran from the open to the high of $11.85 in 343 minutes, and held most of the move into the close: it gave back 15% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 9:14 a.m. | Pre-market high, $10.26 |
| 9:30 a.m. | The open: $10.20, up 12.2% from the previous close |
| 9:44 a.m. | First trade 20% above the previous close of $9.09 |
| 3:13 p.m. | High of the day to the close, $11.85 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $11.61, 2.0% 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
- $9.09
- Open, 9:30 a.m.
- $10.20
- Gap at the open
- +12.2%
- Pre-market high
- $10.26 at 9:14 a.m.
- High, 4 a.m. to 4 p.m.
- $11.85 at 3:13 p.m.
- Low, 4 a.m. to 4 p.m.
- $9.55
- Close, 4 p.m.
- $11.61
- Change at 4 p.m.
- +27.7%
- After-hours high, 4 p.m. to 8 p.m.
- $11.85 at 4:06 p.m.
- Volume, 4 a.m. to 4 p.m.
- 958,460
- Volume after hours, 4 p.m. to 8 p.m.
- 38,114
- Relative volume by 8 p.m.
- 4.4×
- Float
- 61.45 million shares, from filings as of October 5, 2026
- Shares outstanding
- 65.99 million
- Volume, from the one-minute bars: 28,886 shares before the 9:30 a.m. open (3%), 216,533 in the first 30 minutes (22%), and 751,155 in the rest of the day to 8 p.m. (75%).
- In our recaps, this is the only day PICS 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 (none)
The exchange's halt feed shows no halts for PICS 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 PICS on October 5, 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.