Hindsight Markets Recaps Small-cap stocks on November 2, 2026
BRAI, November 2: an NT 20-F and an after-hours run to $3.21
BRAI barely moved in the regular session after an NT 20-F, then ran to $3.21 after the close.
What happened
Before the open
The news came first: an NT 20-F at 9:15 a.m. Before the bell it reached $2.93, on 352K shares.
The open
It opened near its previous close, at $2.56.
The close
It closed at $2.54, 13% under its high. After the close it ran to $3.21 by 4:30 p.m.
What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.
The details
How it traded, step by step
After-hours run. It opened up 4.5% at $2.56 and traded at $2.54 at the 4:00 p.m. close, then ran 26.6% from $2.54 to $3.21 at 4:30 p.m. after the close, on 1.08 million shares traded after hours.
| Time (ET) | What happened |
|---|---|
| 4:35 a.m. | Pre-market high, $2.93 |
| 4:35 a.m. | High of the day to the close, $2.93 |
| 9:15 a.m. | SEC filing NT 20-F: NT 20-F |
| 9:30 a.m. | The open: $2.56, up 4.5% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.54, 13.5% below the high |
| 4:04 p.m. | First trade 20% above the previous close of $2.45 |
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
- $2.45
- Open, 9:30 a.m.
- $2.56
- Gap at the open
- +4.5%
- Pre-market high
- $2.93 at 4:35 a.m.
- High, 4 a.m. to 4 p.m.
- $2.93 at 4:35 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.40
- Close, 4 p.m.
- $2.54
- Change at 4 p.m.
- +3.5%
- After-hours high, 4 p.m. to 8 p.m.
- $3.21 at 4:30 p.m.
- Volume, 4 a.m. to 4 p.m.
- 766,202
- Volume after hours, 4 p.m. to 8 p.m.
- 1.08 million
- Relative volume by 8 p.m.
- 0.9×
- Float
- not available
- Shares outstanding
- not available
- From news to the move: the first trade 20% above the previous close came 6 hours 48 minutes after the latest SEC filing before it (NT 20-F, 9:15 a.m.).
- Volume, from the one-minute bars: 351,943 shares before the 9:30 a.m. open (19%), 113,396 in the first 30 minutes (6%), and 1.38 million in the rest of the day to 8 p.m. (75%).
- Other days BRAI met the small-cap rule in our recaps: 3, the latest on October 28, 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 BRAI 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 BRAI on November 2, 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.