Recaps · September 11, 2026

BDRX, September 11: one halt, two walls, and $1.54

• Small cap
• Momentum
• Gap, run and fade
• Halted once
• Wall break
• Float traded 73x

Float

926,260 shares

Volume

70.16 million shares

Previous close

$0.6676

Open

$0.8817 (up 32.1%)

High

$1.54 at 1:22 p.m.

Halts

1 (11:16 a.m.)

Close

$1.29

Before the bell: the float traded by 4:04 a.m.

On September 10, BDRX traded between $0.61 and $0.87 on 93,501 shares and closed at $0.67. The only news in our data for the 11th came after the close.

The first trades on the 11th were at $0.80, already above the $0.67 close. From $0.72 at 4:00 a.m. it ran to the pre-market high, $1.15 at 4:02 a.m. By 4:04 a.m., more shares had traded than exist in the whole float (926,260).

In the 4:04 minute it fell to $0.81, down 29% from the high. From $0.82 at 4:11 it ran to $1.00 at 4:14, up 21%. By 6:21 a.m. the volume was ten times the float. 13.50 million shares traded before the bell.

The open, then a quiet stretch

It opened at $0.88, up 32% from the previous close. It pushed to $0.93 by 9:47, then slid to $0.83 at 9:51, the low since the open.

From 9:52 to 10:29 it stayed between about $0.84 and $0.89, on small volume.

$0.87 to $1.25, then the halt

At 10:30 it woke up. From $0.87 it ran to $1.25 at 10:37, up 43%. The 10:36 minute alone traded 815,646 shares.

After a pullback, it went again from $1.12 at 10:50 to $1.40 at 10:56, up 25%. At 10:56:03 one sell order of 53,435 shares went through six price levels, $1.39 to $1.34, in 50 milliseconds. At 11:06:10 a buy order of 100,256 shares took four levels, $1.35 to $1.38.

At 11:15 it broke from $1.38. In the 11:16 minute a big ask wall showed up at $1.22: 264,958 shares at 11:16:23, 28.6% of the float. Three seconds later, at 11:16:26, it was halted (a volatility pause) with the last trade at $1.22.

The $1.22 wall was pulled at 11:18:03, while the stock was still halted. It reopened at 11:21:26, and in that same second 193,873 shares printed at $1.22. The 11:21 candle went as low as $1.18. By 11:23 it was back at $1.38.

Walls in the order book

From $1.14 at 12:13 it began a slow climb. At 12:13:30 a buy order of 71,025 shares went through $1.17 to $1.19. At 12:37 someone started offering stock at exactly $1.35. The wall peaked at 121,282 shares at 12:38, 13.1% of the float.

At 12:43:51 the trades at $1.35 started. In 6.6 seconds, 43,700 shares traded at exactly $1.35 and the wall was gone. It wasn't pulled. Buyers ate it.

Then the other side showed up. From 12:52 someone was bidding for a lot of stock at exactly $1.37. It peaked at 117,535 shares at 12:52:37, 12.7% of the float. At 12:55:22 the first trade printed at $1.37. In 36.2 seconds, 91,712 shares traded at exactly $1.37 and the wall was gone. It wasn't pulled. Sellers hit it. The 12:56 candle fell to $1.32.

Into the afternoon

It recovered and ran to $1.52 at 1:09, up 33% from $1.14 at 12:13. Over the next ten minutes it traded between $1.39 and $1.52.

From $1.40 at 1:12 it ran to $1.54, the high of the day, at 1:22. Within four minutes it was back at $1.36. The 1:26 minute alone traded 504,254 shares.

The fade and after hours

It came back once more. At 2:11 p.m. it pushed to $1.50, a lower high under the $1.54 top. An ask wall at $1.50, first seen at 1:33, peaked at 117,610 shares at 2:11:40.

From there it faded: $1.33 at 2:38 p.m., $1.23 at 3:23 p.m., and $1.29 at the close. A bid wall at $1.21, first seen at 1:36 and 132,999 shares at its peak, was pulled at 3:20 p.m.

Regular hours traded 53.84 million shares. With 13.50 million pre-market, that is 67.34 million shares: the float changed hands about 73 times.

Then at 4:30 p.m. GlobeNewsWire ran: “Interim results for the six months ended June 30, 2026”. In the 4:31 minute the stock traded as low as $1.01 and as high as $1.50, and that candle closed at $1.28.

At 4:49 p.m. the company filed a 6-K (a foreign company's current report). At 4:56 p.m. it filed seven 424B3 prospectuses.

What to take from it

• After the top, the next push stopped lower. $1.54 at 1:22 p.m., then $1.50 at 2:11 p.m.
• Walls break both ways. An ask wall at $1.35 was eaten in 6.6 seconds. A bid wall at $1.37 was hit by sellers over 36 seconds.
• Two fills, two different books. A 5,000-share buy cost $0 over the screen at $1.36 and $30 over at $1.53.