Hindsight Markets Recaps Small-cap stocks on October 7, 2026
MTEN, October 7: a run to $1.79
MTEN opened up 27%, ran to $1.41, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $1.79, on 23M shares.
The open
It opened up 27%, at $1.22. It ran to $1.41 by 9:36 a.m.
The close
It closed at $1.11, 38% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 27.3% to $1.22 at the open, ran from the open to the high of $1.41 in 6 minutes, then gave back 155% of that move by 4:00 p.m., trading at $1.11, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.9587 |
| 4:05 a.m. | Pre-market high, $1.79 |
| 4:05 a.m. | High of the day to the close, $1.79 |
| 5:03 a.m. | Volume since 4:00 a.m. passes the whole float, 6.11 million shares |
| 9:30 a.m. | The open: $1.22, up 27.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.11, 37.7% 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
- $0.9587
- Open, 9:30 a.m.
- $1.22
- Gap at the open
- +27.3%
- Pre-market high
- $1.79 at 4:05 a.m.
- High, 4 a.m. to 4 p.m.
- $1.79 at 4:05 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.01
- Close, 4 p.m.
- $1.11
- Change at 4 p.m.
- +16.3%
- After-hours high, 4 p.m. to 8 p.m.
- $1.21 at 6:22 p.m.
- Volume, 4 a.m. to 4 p.m.
- 28.29 million
- Volume after hours, 4 p.m. to 8 p.m.
- 476,453
- Relative volume by 8 p.m.
- 37.7×
- Float
- 6.11 million shares, from filings as of October 7, 2026
- Shares outstanding
- 7.65 million
- Volume, from the one-minute bars: 23.04 million shares before the 9:30 a.m. open (80%), 2.04 million in the first 30 minutes (7%), and 3.68 million in the rest of the day to 8 p.m. (13%).
- Float rotation, the volume since 4 a.m. against the float of 6.11 million shares: past it once at 5:03 a.m., twice at 8:06 a.m., three times at 8:40 a.m.
- Other days MTEN met the small-cap rule in our recaps: 4, the latest on October 6, 2026.
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 MTEN 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 MTEN on October 7, 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.