Hindsight Markets Recaps Small-cap stocks on November 2, 2026
PERI, November 2: news and a gap that held
PERI opened up 31% after news and held near that level into the close.
News via Stock News API
What happened
Before the open
The news came first: news at 11:47 a.m. the day before. Before the bell it reached $11.65, on 1.1M shares.
The open
It opened up 31%, at $11.42.
The close
It closed at $11.40, near its high.
What to take from it: The gap was the move. After the open it went sideways.
The details
How it traded, step by step
Gap and hold. It gapped up 31.3% to $11.42 at the open and held near or above it, trading at $11.40 at 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| Nov 1, 5:30 a.m. | News (Business Wire): Perion Enters into Definitive Merger Agreement with Affle |
| Nov 1, 11:47 a.m. | News (PRNewsWire): Affle to acquire Perion, to scale its CPCU business across Developed markets |
| 4:00 a.m. | First trade 20% above the previous close of $8.70 |
| 8:13 a.m. | Pre-market high, $11.65 |
| 8:13 a.m. | High of the day to the close, $11.65 |
| 9:30 a.m. | The open: $11.42, up 31.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $11.40, 2.1% 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
- $8.70
- Open, 9:30 a.m.
- $11.42
- Gap at the open
- +31.3%
- Pre-market high
- $11.65 at 8:13 a.m.
- High, 4 a.m. to 4 p.m.
- $11.65 at 8:13 a.m.
- Low, 4 a.m. to 4 p.m.
- $9.65
- Close, 4 p.m.
- $11.40
- Change at 4 p.m.
- +31.0%
- After-hours high, 4 p.m. to 8 p.m.
- $11.42 at 5:25 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.62 million
- Volume after hours, 4 p.m. to 8 p.m.
- 27,273
- Relative volume by 8 p.m.
- 26.6×
- Float
- 38.10 million shares, from filings as of November 2, 2026
- Shares outstanding
- 39.02 million
- From news to the move: the first trade 20% above the previous close came 16 hours 13 minutes after the latest news item before it (PRNewsWire, Nov 1, 11:47 a.m.).
- Volume, from the one-minute bars: 1.09 million shares before the 9:30 a.m. open (30%), 964,645 in the first 30 minutes (26%), and 1.59 million in the rest of the day to 8 p.m. (44%).
- In our recaps, this is the only day PERI met the small-cap rule.
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 PERI 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 PERI 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.