Hindsight Markets Recaps Small-cap stocks on October 27, 2026
CPIX, October 27: news and $5.30
CPIX opened near its previous close after news, then ran to $5.30 during the session.
News via Stock News API
What happened
Before the open
The news came first: news at 6:50 p.m. the day before. Before the bell it reached $4.52, on 4K shares.
The open
It opened near its previous close, at $4.27. It ran to $5.30 by 1:54 p.m.
The close
It closed at $4.88, 8% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 1.8% at $4.27, then ran from the open to the high of $5.30 in 264 minutes.
| Time (ET) | What happened |
|---|---|
| Oct 26, 4:40 p.m. | News (PRNewsWire): CUMBERLAND PHARMACEUTICALS ANNOUNCES PLANS TO FILE NEW DRUG APPLICATION FOR IFETROBAN DMD PROGRAM |
| Oct 26, 6:03 p.m. | News (MarketBeat): Cumberland Pharmaceuticals Begins Rolling FDA NDA for Dyscorban in Duchenne Cardiomyopathy |
| Oct 26, 6:50 p.m. | News (Seeking Alpha): Cumberland Pharmaceuticals Inc. (CPIX) Discusses Duchenne Cardiomyopathy NDA Submission and Product Development Strategy Prepared Remarks Transcript |
| 9:23 a.m. | Pre-market high, $4.52 |
| 9:30 a.m. | The open: $4.27, down 1.8% from the previous close |
| 1:54 p.m. | First trade 20% above the previous close of $4.35 |
| 1:54 p.m. | High of the day to the close, $5.30 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.88, 7.9% 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
- $4.35
- Open, 9:30 a.m.
- $4.27
- Gap at the open
- −1.8%
- Pre-market high
- $4.52 at 9:23 a.m.
- High, 4 a.m. to 4 p.m.
- $5.30 at 1:54 p.m.
- Low, 4 a.m. to 4 p.m.
- $4.01
- Close, 4 p.m.
- $4.88
- Change at 4 p.m.
- +12.2%
- After-hours high, 4 p.m. to 8 p.m.
- $5.10 at 4:18 p.m.
- Volume, 4 a.m. to 4 p.m.
- 235,278
- Volume after hours, 4 p.m. to 8 p.m.
- 5,632
- Relative volume by 8 p.m.
- 6.1×
- Float
- 8.80 million shares, from filings as of October 27, 2026
- Shares outstanding
- 14.98 million
- From news to the move: the first trade 20% above the previous close came 19 hours 3 minutes after the latest news item before it (Seeking Alpha, Oct 26, 6:50 p.m.).
- Volume, from the one-minute bars: 3,605 shares before the 9:30 a.m. open (1%), 25,483 in the first 30 minutes (11%), and 211,822 in the rest of the day to 8 p.m. (88%).
- In our recaps, this is the only day CPIX met the small-cap rule.
On the day's lists: the gainers. 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 (none)
The exchange's halt feed shows no halts for CPIX 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 CPIX on October 27, 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.