Hindsight Markets Recaps Small-cap stocks on October 14, 2026
GRML, October 14: a gap that faded
GRML opened up 35%, then faded 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 $8.06, on 7M shares.
The open
It opened up 35%, at $7.50.
The close
It closed at $6.46, 20% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 35.4% to $7.50 at the open and traded below the open by 4:00 p.m., at $6.46.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $5.54 |
| 8:38 a.m. | Pre-market high, $8.06 |
| 8:38 a.m. | High of the day to the close, $8.06 |
| 9:30 a.m. | The open: $7.50, up 35.4% from the previous close |
| 12:54 p.m. | Volume since 4:00 a.m. passes the whole float, 11.48 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.46, 19.8% 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
- $5.54
- Open, 9:30 a.m.
- $7.50
- Gap at the open
- +35.4%
- Pre-market high
- $8.06 at 8:38 a.m.
- High, 4 a.m. to 4 p.m.
- $8.06 at 8:38 a.m.
- Low, 4 a.m. to 4 p.m.
- $6.14
- Close, 4 p.m.
- $6.46
- Change at 4 p.m.
- +16.7%
- After-hours high, 4 p.m. to 8 p.m.
- $6.58 at 5:03 p.m.
- Volume, 4 a.m. to 4 p.m.
- 12.57 million
- Volume after hours, 4 p.m. to 8 p.m.
- 300,530
- Relative volume by 8 p.m.
- 1.1×
- Float
- 11.48 million shares, from filings as of October 14, 2026
- Shares outstanding
- 11.91 million
- Volume, from the one-minute bars: 6.96 million shares before the 9:30 a.m. open (54%), 2.12 million in the first 30 minutes (16%), and 3.78 million in the rest of the day to 8 p.m. (29%).
- Float rotation, the volume since 4 a.m. against the float of 11.48 million shares: past it once at 12:54 p.m.
- Other days GRML met the small-cap rule in our recaps: 6, the latest on September 24, 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 GRML 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 GRML on October 14, 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.