Recaps · August 12, 2026

BIVI, August 12: three halts, a $3.00 bid, and $3.79

• Small cap
• Momentum
• Main move: the morning
• Round-number level
• Halt run
• Halted three times
• Float traded 6x
• Faded into the close

Float

7.29 million shares

Volume

46.01 million shares

Previous close

$1.27

Open

$1.35 (up 6.3%)

High

$3.79 at 10:42 a.m.

Halts

3 (9:47 a.m. and 11:13 a.m. and 11:18 a.m.)

Close

$1.54

The day before and pre-market

On August 11, BIVI traded between $1.09 and $1.42 and closed at $1.27. No news came out on the 12th before the open.

The first trade on the 12th was at $1.23, below that close. The pre-market was quiet. The high was $1.48 at 9:28 a.m., and only 62,372 shares traded before the bell. That is less than 1% of the 7.29-million-share float.

The open and the first halt

It opened at $1.35, up 6% from the previous close. At 9:36 it cleared the $1.48 pre-market high. Volume built from there.

At 9:46 it traded through $2.00. At 9:47 it was halted (a volatility pause) with the last trade at $2.36. The halt ended at 9:52. One print of 82,374 shares went through at $2.25 at 9:52:16, and the 9:52 candle opened at $2.36.

After the reopen it ran to $2.95 at 9:54, up 119% from the $1.35 open. Then it dropped to $2.27 at 9:56, down 23% from that high.

Through $3.00 and the chop

At 10:00 it traded through $3.00 for the first time and hit $3.10. By 10:03, more shares had traded than exist in the whole float (7.29 million).

It kept swinging. From $2.69 at 10:02 it ran to $3.30 at 10:05. It reached $3.53 at 10:13, then fell to $2.72 at 10:17, down 23%. From there it climbed to $3.46 at 10:31.

The bid at $3.00

From 10:30:47 on, the order book showed a large bid at exactly $3.00. It peaked at 68,492 shares at 10:31. That is 0.9% of the float, below the price, across all exchanges.

At 10:38 a single buy order of 118,892 shares went through 19 price levels, from $3.47 to $3.65.

It pushed to $3.79, the high so far, in the 10:42 minute. Within four minutes it was back at $2.84.

At 10:45:16 trades hit $3.00. In under a second, 41,411 shares traded at exactly $3.00 and the bid was gone. It wasn't pulled. Sellers hit it. One sell order of 57,213 shares went from $3.01 to $2.96 in that same second.

The 11:06 push and the 11:13 halt

It came back again. At 11:06 it pushed to $3.40, a lower high under the $3.79 top. At 11:08 it started to drop. A bid at $2.50 that peaked at 62,037 shares was pulled at 11:11:34, and 15,986 shares traded at exactly $2.50 at 11:11:32-11:11:33, just before that. By 11:12 the price was $2.12.

The 11:13 halt stopped at $2.12. It reopened at 11:18 at $2.06, 3% below where it stopped. A 73,927-share print crossed at $2.06 at 11:18:07.

It didn't last. At 11:18:56 it was halted again with the last trade at $1.49, down from $2.06 in under a minute. It reopened at 11:23 at $1.49. A 101,509-share print crossed at $1.49 at 11:23:56. The low after the open, $1.31, came in that minute.

It bounced to $2.19 by 11:29 and then drifted lower. It was at $1.75 by 11:48 and from noon to the close traded between about $1.47 and $1.86.

The close and after hours

It closed at $1.54, 59% under the $3.79 high of the day.

By the close, 42.19 million shares had traded: the float changed hands about 6 times, at about 110 times its normal volume.

After hours it was active again. It dipped to $1.24 at 4:10 p.m., then ran to $2.45 by 6:01 p.m., up 98%. It faded back to $1.84 by 7:59 p.m. At 7:36 p.m. the company filed a 10-K (the annual report).

What to take from it

• A big bid at a round number can hold for a while and then go in under a second. Here the $3.00 bid held for about 14 minutes and broke in one second, once sellers hit it.
• After the top, the next push stopped lower. $3.79 at 10:42, then $3.40 at 11:06.
• A halt can reopen lower, and the cost of a fill changes from one reopen to the next. The 11:13 halt stopped at $2.12 and reopened at $2.06. A buy at one reopen cost $0 over the screen and at another cost $67 over it.