Recaps · August 17, 2026

TRUG, August 17: $2.05 at 4:02 a.m., then two bid walls at $1.50

• Small cap
• Momentum
• Main move: pre-market
• Gap, run and fade
• No halts
• Float traded 20x
• After-hours headline

Float

1.18 million shares

Volume

23.97 million shares

Previous close

$0.9695

Open

$1.60 (up 65.0%)

High

$2.05 at 4:02 a.m.

Close

$1.54

The day before

On August 14, TRUG ran from $0.94 to a high of $1.48. It gave almost all of it back and closed at $0.97.

The last bar of that day printed $1.47. So the stock reached the 17th already well above its official close.

4:00 a.m.: the float traded in three minutes

The first trades on the 17th were at $1.56, already above the $0.97 close. The low so far, $1.30, printed in that first minute. By the end of 4:00 it was at $1.79.

By 4:02 a.m., more shares had traded than exist in the whole float (1.18 million). The 4:02 minute alone traded 621,728 shares.

The high so far came in that same minute: $2.05 at 4:02 a.m., 111% above the previous close. It was 28% above where the stock later opened. Within four minutes it was back at $1.67.

At 4:03 it reached $2.03, just under the top. At 4:08 a.m. it pushed to $1.82, a lower high under the $2.05 top. A large ask had been showing at $2.00 since 4:06:55. By 5:03 a.m. the stock was at $1.51.

Pre-market: a few jolts, then the open

The rest of pre-market was mostly quiet, with a few sudden minutes. At 5:53 a.m. it fell from $1.53 to $1.43 on 215,476 shares. It bottomed at $1.38 at 5:57. At 7:21 it jumped to $1.63 on 194,214 shares. At 8:29 it jumped from $1.47 to $1.61 on 243,024 shares.

12.03 million shares traded before the bell.

The stock opened at $1.60, up 65% from the previous close. The first print was 48,250 shares at $1.60 at 9:30:00.

The bid at $1.50

From 8:34 a.m., someone was bidding for a lot of stock at exactly $1.50. It grew to tens of thousands of shares, several percent of the float, by the open. The stock slid from $1.60 at the open to $1.55 by 9:31.

From 9:32:25, shares began trading at $1.50. In 7.4 seconds, 93,021 shares traded at exactly $1.50 and the bid was gone. It wasn't pulled. Sellers hit it. The 9:32 minute traded 252,367 shares and low was $1.49.

It bounced. A new $1.50 bid appeared at 9:41, and the stock ran to $1.73 at 9:44 on 386,311 shares. At 9:48 a sell order of 49,267 shares went through six price levels, $1.61 to $1.56.

A second wall and a better high

The new bid at $1.50 grew to 161,105 shares at 10:22, about 14% of the float. At 10:23 the stock jumped to $1.80, its regular-session high, on 617,105 shares. A buy order of 62,917 shares went through $1.76 to $1.79.

That was below the $2.05 pre-market top. It chopped between $1.52 and $1.78 for the next hour.

At 11:30:45, 37,324 shares traded at $1.50 in about a third of a second. The second wall was eaten at 11:30:46. The 11:30 minute went to $1.45 and traded 133,438 shares. That $1.45 was the low since the open.

The afternoon

At 1:32 p.m. a buy order of 93,872 shares ran $1.62 to $1.67. At 2:12 a buy order of 123,915 shares ran $1.68 to $1.71. The afternoon high was $1.73 at 2:19. At 3:38 it spiked to $1.67 on 192,523 shares.

At 3:55:14 a sell order of 70,009 shares went through $1.56 to $1.53. The $1.57 ask peaked at 92,771 shares and was pulled seven seconds later. A new ask at $1.56 grew to 97,246 shares and was pulled at 3:59:18. At 3:59:20 another sell order, 51,310 shares, ran $1.54 to $1.50.

It closed at $1.54, 25% under the $2.05 high of the day. 10.93 million shares traded in the regular session, about 9 times the float. For the whole day, 23.97 million shares traded: the float changed hands about 20 times, at about 131 times normal volume. There were no halts.

After hours

At 4:19 p.m., after the close, Benzinga ran: “TruGolf Shares Surge Monday: What's Driving the Action?”. The stock was at $1.56 then.

It moved up after that. By 4:22 p.m. it had printed $1.77. Some very thin prints went higher: $1.90 at 4:29 and $2.00 at 6:39 p.m., each in a minute that traded a few hundred to 14,299 shares and closed far lower. After hours traded 1,009,201 shares, and the last bar, at 7:59 p.m., closed at $1.65.

What to take from it

• A big bid at a round number can be eaten in seconds. Here 93,021 shares traded at $1.50 in 7.4 seconds and the bid was gone, because sellers hit it.
• After the top, the next push stopped lower. $2.05 at 4:02 a.m., then $2.03 at 4:03 and $1.82 at 4:08 a.m. Later, $1.80 at 10:23 stayed under the pre-market top.
• The float traded over in the first three minutes. By 4:02 a.m. more shares had traded than the float holds, and the high of the day was already in.