Recaps · August 13, 2026

INHD, August 13: five halts and $14.80

• Small cap
• Momentum
• Main move: the afternoon
• Low float
• Round-number break
• Halt run
• Halted five times
• Faded after the top

Float

2.52 million shares

Volume

1.55 million shares

Previous close

$6.89

Open

$6.51 (up 5.5%)

High

$14.80 at 2:56 p.m.

Halts

5 (2:41 p.m. and 2:46 p.m. and 3:03 p.m. and 3:14 p.m. and 3:45 p.m.)

Close

$10.90

The day before and the quiet start

On August 12, INHD traded between $6.00 and $6.89 and closed at $6.89 on 131,688 shares. No news headline appears in our data for the 13th.

The first trade on the 13th was at 4:01 a.m., at $6.67. The pre-market high was $6.69 at 4:36 a.m., and the low was $6.39 at 5:04. Only 7,053 shares traded before the bell, against a float of about 2.5 million.

It opened at $6.51, below the $6.89 close. Until 11:23 a.m. it stayed between $6.51 and $6.92. The $6.92 came at 10:36, a few cents above the previous close.

The slow climb to $9.75

The move began after 11:12 a.m., when it last traded at $6.66. It was gradual, with steps up on heavier minutes. The 11:24 minute traded 2,282 shares. By 11:40 it was at $7.40 after a few minutes of 2,700 to 4,500 shares each. At 12:21 it jumped to $8.10 on 5,254 shares. At 1:02 p.m. it pushed through $9 on 9,351 shares.

It reached $9.75 at 1:09 p.m., up 46% from $6.66. It then gave some back and spent the next hour mostly between $8.40 and $9.20. The low was $8.25 at 1:27 p.m.

The afternoon push

In the 2:38 minute it traded through $10.00 for the first time, to $10.40, on 18,844 shares, the heaviest minute of the day up to then. By 2:40 it hit $11.28.

At 2:41 p.m. it was halted (a volatility pause) with the last trade at $11.28. It reopened at 2:46 at $11.33, and a single 10,795-share trade printed at that price. In the first seconds it ran to $12.46. At 2:46:16 p.m. it was halted again, this time for ten minutes.

The top at $14.80

It reopened at 2:56 p.m. at $13.70, 10% above the $12.46 where it stopped. This is where Level 2 shows what a chart doesn't. At 2:56:16 a single trade of 31,616 shares printed at $13.70. In the same second, a sell order swept 10,389 shares from $13.70 down to $12.84 across 40 price levels.

The 2:56 minute traded 106,604 shares and ran from $13.70 to $14.80, the high of the day. Its low was $12.72, and it closed the minute at $14.60. In the next minute it fell to $12.87 and closed at $13.39.

Three more halts and the close

It pushed again. At 2:58 p.m. it pushed to $13.96, a lower high under $14.80. It stayed mostly between $12.50 and $13.80 through 3:01, then slid.

At 3:03:31 p.m. it was halted a third time with the last trade at $11.90. It reopened at 3:13 at $11.04, below where it stopped, on a 12,667-share print. It got to $12.14, and at 3:14:08 it was halted a fourth time. The 3:19 minute after that halt opened at $12.51 and reached $13.57, still under the earlier highs.

At 3:36 it spiked to $13.50, then faded. At 3:45:19 p.m. it was halted a fifth time, with the last trade at $10.90. That halt ran to the 4:00 p.m. bell, so the stock was halted at the close. It closed at $10.90, 26% under the $14.80 high of the day.

The regular session traded 903,501 shares, about a third of the float, at about 4 times its normal volume.

After hours

Trading came back at 4:00 p.m. The 4:00 minute opened at $10.84 and reached $13.43. The after-hours high was $13.58 at 4:04 p.m. From there it fell to $8.26 by 4:40 p.m., down 39%.

It bounced to $10.00 at 6:15 p.m. and was at $9.15 in the last bar at 7:59 p.m. After hours traded 636,834 shares.

What to take from it

• At the three halt reopens with fill data (2:46, 2:56 and 3:19 p.m.), the book was thin. At 2:56 p.m. the screen showed 10 shares at $13.64, and a 5,000-share buy would have averaged $14.05.
• The first push through a round number can be the start of a fast move. INHD had not traded above $9.75 or reached $10 until 2:38 p.m. It touched $11.28 by 2:40.
• After the top, the next pushes stopped lower. $14.80 at 2:56 p.m. was followed by $13.96 at 2:58, then $13.57 at 3:19. The close was $10.90.