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Hindsight Markets Recaps Small-cap stocks on October 13, 2026

TCRT, October 13: a 7:00 headline, walls at $2.10 and $2.50, two halts, and $4.32

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TCRT opened up 67% after news, ran to $4.32 through two halts, then gave back some of the run by the close.

News via Stock News API

News$4.32$1.054 a.m.9:30noon4 p.m.8 p.m.
TCRT on October 13, 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

News and the $2.10 wall

TCRT's day was set by the 7:00 a.m. headline that Velaris was acquired by Alaunos. It ran from about $1 to $2.24 by 7:05 and opened at $1.75.

A 97K-share ask wall sat at $2.10 for over an hour.

Stop It's 10:41. TCRT is at $2.02. A wall that peaked near 97,000 shares has been offered at $2.10 since 8:56. It has been climbing since 10:34. Would you buy here?

Press play: the real Level 2, tape and chart run from 10:38 a.m. and stop at 10:41 a.m. ET for your call.

Buyers ate it at 10:41:34. 106K shares traded at $2.10 in under a second.

The $2.50 wall

A bigger wall sat at $2.50: 144K shares.

Stop It's 10:44. TCRT is at $2.28. A wall of about 143,000 shares, 6% of the float, was offered at $2.50 a minute ago. Would you buy here?

Press play: the real Level 2, tape and chart run from 10:41 a.m. and stop at 10:44 a.m. ET for your call.

It broke at 10:44:05. 69K shares traded at $2.50 in half a second. The stock ran to $2.84 and halted at 10:48:40. It reopened 7% lower, at $2.64.

After the first reopen

After the first reopen it hit $3.12.

Stop It's 12:14. TCRT is at $3.64. It just ran from about $3.12 in one minute on almost a million shares. Would you chase it here?

Press play: the real Level 2, tape and chart run from 12:11 p.m. and stop at 12:14 p.m. ET for your call.

Halt #2 froze it at $3.88 at 12:14:31. It reopened a little higher, at $3.90. The 12:19 minute made the high, $4.32. It closed at $3.04.

What to take from it: On TCRT, the big ask walls at $2.10 and $2.50 were eaten in seconds, not held.

Replay TCRT's day

It starts at 7:01 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:04 a.m. and asks what you would do. Or press Play on any moment in How it traded.

The details

How it traded, step by step

Gap, run, gave some back. It gapped up 66.7% to $1.75 at the open, ran from the open to the high of $4.32 in 169 minutes through two halts, then gave back 50% of that move by 4:00 p.m., trading at $3.04, still above the open.

Time (ET)What happenedWatch it
7:00 a.m.News (PRNewsWire): Paragon Labs Expands Leadership Team with Former Apogee Executives; Velaris Therapeutics Acquired by Alaunos Therapeutics, Inc.
7:05 a.m.First trade 20% above the previous close of $1.05
7:07 a.m.Volume since 4:00 a.m. passes the whole float, 2.36 million shares
8:08 a.m.Pre-market high, $2.63
9:30 a.m.The open: $1.75, up 66.7% from the previous close
12:19 p.m.High of the day to the close, $4.32
3:59 p.m.Last trade before the 4:00 p.m. close, $3.04, 29.6% 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
$1.05
Open, 9:30 a.m.
$1.75
Gap at the open
+66.7%
Pre-market high
$2.63 at 8:08 a.m.
High, 4 a.m. to 4 p.m.
$4.32 at 12:19 p.m.
Low, 4 a.m. to 4 p.m.
$0.9159
Close, 4 p.m.
$3.04
Change at 4 p.m.
+189.5%
After-hours high, 4 p.m. to 8 p.m.
$3.97 at 7:36 p.m.
Volume, 4 a.m. to 4 p.m.
86.40 million
Volume after hours, 4 p.m. to 8 p.m.
7.70 million
Relative volume by 8 p.m.
65.3×
Float
2.36 million shares, from filings as of October 13, 2026
Shares outstanding
2.55 million
  • From news to the move: the first trade 20% above the previous close came 5 minutes after the latest news item before it (PRNewsWire, 7:00 a.m.).
  • Volume, from the one-minute bars: 32.46 million shares before the 9:30 a.m. open (34%), 6.60 million in the first 30 minutes (7%), and 55.04 million in the rest of the day to 8 p.m. (58%).
  • Float rotation, the volume since 4 a.m. against the float of 2.36 million shares: past it once at 7:07 a.m., twice at 7:16 a.m., three times at 7:20 a.m.
  • Other days TCRT met the small-cap rule in our recaps: 6, the latest on October 19, 2026.
  • The next session, October 14, 2026, it gapped up 19.1% at 9:30 a.m.

On the day's lists: the gainers, intraday runners, after-hours movers. 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 (2)
HaltedResumedLengthThe 5 minutes into itReopened at, against the last tradeThe 5 minutes afterReason in the feedWatch it
10:48 a.m.10:53 a.m.5 min 0 sup 24.6%$2.64, down 7.0%up 7.2%LULD pause (limit up-limit down)
12:14 p.m.12:19 p.m.5 min 0 sup 26.0%$3.90, up 0.5%down 2.1%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 TCRT on October 13, 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.

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