Recaps · August 20, 2026

SNSC, August 20: three halts, a $2.71 top, and a $1.47 close

• Small cap
• Momentum
• Main move: 10 a.m.
• Filings only (Form 3)
• Round-number break
• Halt reopen
• Halted three times
• Lower high, faded

Float

9.18 million shares

Volume

3.02 million shares

Previous close

$1.31

Open

$1.32 (up 0.8%)

High

$2.71 at 10:06 a.m.

Halts

3 (10:00 a.m. and 10:08 a.m. and 10:15 a.m.)

Close

$1.47

The day before and pre-market

On August 19, SNSC opened at $2.05, touched $2.09, and fell to $1.27 at the low. The official close was $1.31.

The first trade on the 20th was at $1.32 at 4:05 a.m. The pre-market high was $1.37 at 5:08 a.m., on a 35-share print. Later it slid to $1.25 by 9:10 a.m. 15,333 shares traded before the bell, a tiny slice of the 9.18 million-share float.

The open and the slow climb

It opened at $1.32, one cent above the previous close. The 9:30 minute ranged from $1.28 to $1.35. From 9:31 to 9:49 it stayed between $1.29 and $1.36.

At 9:50 it cleared the $1.37 pre-market high. By 9:55 it was at $1.50, and at 9:56 it closed the minute at $1.51. Volume in those minutes ran from about 550 to 3,300 shares.

Here's what happened. The 9:58 minute went to $1.75, on 25,315 shares, more than any minute that day before it. The 9:59 minute reached $1.98 on 41,040 shares. In the 10:00 minute it traded through $2.00, on 94,543 shares.

The first halt and the top

At 10:00:45 it was halted (a volatility pause), with the last trade at $2.15. It reopened at 10:05:45 at $2.27, 6% above where it stopped.

The reopen traded heavily. A single print of 58,614 shares went at $2.29 at 10:05:45. One second later a sell order of 19,113 shares swept from $2.26 to $2.20 across 7 levels.

From the reopen it ran to $2.71, the high so far, at 10:06. That minute traded 350,912 shares. In the 10:07 minute it traded as low as $2.00.

The second halt

At 10:08:52 it was halted again (a volatility pause), with the last trade at $1.85. Just before that, at 10:08:28, a sell order of 10,053 shares had swept from $2.15 to $2.10 across 6 levels.

Here's what happened. It reopened at 10:13:52 at $1.85, with a single print of 32,434 shares at that price. It fell to $1.80 at 10:13, down 34% from $2.71.

It bounced right away. At 10:14:09 a buy order of 14,266 shares swept from $2.01 to $2.17 across 16 levels. Two seconds later, 14,611 more shares swept from $2.17 to $2.20. At 10:14 it pushed to $2.22, a lower high under the $2.71 top.

At 10:15:57 it was halted a third time (a volatility pause), with the last trade at $1.62. It reopened at 10:20:57 at $1.62, with a print of 30,122 shares at that price. The 10:21 minute went as low as $1.49, and the 10:22 minute as low as $1.39.

The rest of the day

For the rest of the regular session after the third halt it never got above $1.75. It chopped in a range around $1.50 to $1.60 through the late morning. The news feed shows three filings, all with the headline "3" (a Form 3): at 10:40 a.m., 11:50 a.m. and 3:17 p.m. None of them lines up with a move in the bars.

It kept drifting lower: $1.50 at 11:05, $1.36 at 1:00 p.m., and $1.32 at 1:02 p.m. Late in the afternoon it dipped to $1.33 at 3:33 p.m., then climbed back. It closed at $1.47, 46% below the $2.71 high.

Regular-session volume was 2.75 million shares, about 30% of the float. Relative volume for the whole day was about 29 times normal.

After hours

At 7:45 p.m. it was at $1.74. Two minutes later it hit $2.14 at 7:47 p.m., still below the $2.71 high. By 7:59 p.m. it was back to $1.76. After-hours volume was 256,677 shares.

What to take from it

• Halt reopens are not all alike. The first reopen had 16,121 shares on the screen and a 5,000-share buy cost the screen price. The second had 101 shares and the same buy cost $269 more.
• After the top, the next push stopped lower. $2.71 at 10:06, then $2.22 at 10:14. After the third halt it never got above $1.75 for the rest of the regular session.
• Most of the move was gone by the close. SNSC closed at $1.47, 46% below the high, and the after-hours spike to $2.14 also stayed under $2.71.