Hindsight Markets Recaps Small-cap stocks on October 22, 2026
GIXI, October 22: an 8:17 headline, $6.10, and a fade back to the $4 area
GIXI opened near its previous close after news, then ran to $4.60 during the session.
News via Stock News API
What happened
A headline, then a spike
Stop It's 8:01. GIXI is at $4.06, a little above yesterday's close of $4.00. Since 6:55 a.m. the price has barely moved from $4.06, and only about 1,050 shares have traded pre-market, in a few small prints. Would you buy here?
Press play: the real Level 2, tape and chart run from 7:58 a.m. and stop at 8:01 a.m. ET for your call.
The 8:17 headline about Quantum X Labs, NVIDIA and IBM woke up a quiet stock. From $4.07 it hit $6.10 at 8:20, the day's high.
The run gave it all back. It fell to $4.97 by 8:26. By 8:52 it was at $3.87, below yesterday's $4.00 close.
Open far below the high
On this day, the big trading was done before the bell. It opened at $4.05, 34% under the high, and dipped to $3.79 in the first minute. The regular session traded 600K shares, about a fifth of the pre-market volume.
Bids pulled, late moves
Big bids under the price kept leaving. A 27K-share bid at $3.70 was pulled at 10:09:48, and a $3.80 bid was pulled at 10:20:05. The stock slid after 3:15 p.m. A 6-K was filed at 4:05 p.m. By 6:44 p.m. it touched $5.09 after hours.
What to take from it: GIXI's headline spike happened before the open and was gone by the bell.
Replay GIXI's day
It starts at 8:10 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:13 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
Intraday run. It opened up 1.2% at $4.05, then ran from the open to the high of $4.60 in 244 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:17 a.m. | News (GlobeNewsWire): Gix Internet: Quantum X Labs Achieved Key Milestones with NVIDIA CUDA-Q Decoder and IBM Quantum Hardware | |
| 8:17 a.m. | First trade 20% above the previous close of $4.00 | |
| 8:20 a.m. | Pre-market high, $6.10 | |
| 8:20 a.m. | High of the day to the close, $6.10 | |
| 8:34 a.m. | Volume since 4:00 a.m. passes the whole float, 2.38 million shares | |
| 9:30 a.m. | The open: $4.05, up 1.2% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.90, 36.1% 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
- $4.00
- Open, 9:30 a.m.
- $4.05
- Gap at the open
- +1.2%
- Pre-market high
- $6.10 at 8:20 a.m.
- High, 4 a.m. to 4 p.m.
- $6.10 at 8:20 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.79
- Close, 4 p.m.
- $3.90
- Change at 4 p.m.
- −2.5%
- After-hours high, 4 p.m. to 8 p.m.
- $5.09 at 6:44 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.52 million
- Volume after hours, 4 p.m. to 8 p.m.
- 84,831
- Relative volume by 8 p.m.
- 4.5×
- Float
- 2.38 million shares, from filings as of October 22, 2026
- Shares outstanding
- 2.49 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (GlobeNewsWire, 8:17 a.m.).
- Volume, from the one-minute bars: 2.92 million shares before the 9:30 a.m. open (81%), 180,106 in the first 30 minutes (5%), and 505,156 in the rest of the day to 8 p.m. (14%).
- Float rotation, the volume since 4 a.m. against the float of 2.38 million shares: past it once at 8:34 a.m.
- Other days GIXI met the small-cap rule in our recaps: 2, the latest on October 12, 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 GIXI 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 GIXI on October 22, 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.