Recaps · August 12, 2026
GXAI, August 12: a dead session, then a 4:10 p.m. headline
- Small cap
- Momentum
- Main move: after hours
- Quiet regular session
- News: earnings headline
- After-hours run
- Thin book
- Float
- 10.52 million shares
- Volume
- 16.19 million shares
- Previous close
- $0.8855
- Open
- $0.8736 (up 1.3%)
- High
- $0.8980 at 9:40 a.m.
- Close
- $0.8752
The day before
On August 11, GXAI traded between $0.84 and $0.8999 on 47,351 shares. The official close was $0.8855. That is the number today's moves are measured from.
Pre-market: a few small trades
Pre-market was very quiet. Only 1,406 shares traded before the bell, and most minutes had no trades at all.
It traded between $0.85 and $0.89. The low so far was $0.8521 at 5:21 a.m. on 6 shares. That is a print, not a market.
The open and a slow drift
It opened at $0.8736, then drifted. At 9:40 a.m. it traded at $0.88.
Stop It's 9:40. GXAI is at $0.88, a little above the $0.8736 open, on thin volume. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:40 a.m. ET for your call, then show what happened. The clip starts at 9:37 a.m. ET.
The 9:40 bar closed at $0.898 on 1,200 shares, the high of the regular session. It did not hold. The 9:56 bar closed at $0.8807 and the 10:01 bar at $0.8729.
Hours of nothing, one sweep
From 10 a.m. to the close it stayed in a narrow range, mostly $0.86 to $0.89. Many minutes had no trades. The low after the open was $0.8599 at 11:23.
The busiest regular-session minute was 12:35, with 21,551 shares. A single buy order of 16,302 shares went through four price levels, from $0.8693 to $0.8711, at 12:35:03. That one order was about a third of the regular session's volume. The price barely moved.
It closed the regular session near $0.87. Regular-session volume was 46,469 shares, about the same as the day before.
After hours: the headline
The 4:00 p.m. bar printed at $0.8705. Then the news came. At 4:06 p.m. the company filed a 10-Q (the quarterly report).
At 4:10 p.m. GlobeNewsWire ran: “Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year.” The 4:10 bar ran from $0.8979 to $1.10 on 59,845 shares. That one minute traded more than the whole regular session.
At 4:15 p.m. the company filed an 8-K (a current report). By 4:17 it was at $1.23.
The run to $1.58
It kept climbing in steps: $1.34 at 4:24, $1.44 at 4:26, $1.49 at 4:38. After a long stretch between about $1.35 and $1.53, it ran again and hit $1.58 in the 5:15 p.m. minute, the high of the day. That is up from $0.8855, the previous close.
It then faded back to about $1.40 by 5:30 and stayed around $1.40 to $1.57 through 8 p.m. The last bar, at 7:59 p.m., closed at $1.45.
After hours, 16.1 million shares traded. That is more than the whole float of 10.5 million, about 1.5 times over. The regular session had traded 46,469. Relative volume for the day was about 172 times normal.
What to take from it
- The regular session can say nothing while the real move comes after the bell. Here the day was flat on 46,469 shares, and after hours traded 16.1 million.
- A single order can move a thin stock. At 9:40 a 5,000-share market buy would have averaged $0.9112 against $0.88 on the screen, $156 more in total.
- After-hours headlines and big moves can land in the same minute. The 4:10 p.m. headline arrived in the minute that traded from $0.8979 to $1.10.
Replay this day
Trade GXAI on August 12, 2026 yourself in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, with fills from the real book.