Recaps · September 14, 2026

FTFT, September 14: the $4.16 wall, one halt, and $9.48

• Small cap
• Momentum
• Main move: the afternoon
• Gap and go
• Halted once
• Float traded 4x
• Faded after hours

Float

7.47 million shares

Volume

35.44 million shares

Previous close

$2.88

Open

$3.30 (up 14.6%)

High

$9.48 at 3:42 p.m.

Halts

1 (2:44 p.m.)

Close

$8.05

The day before

On September 11, FTFT ran from $2.00 to $3.39. It gave some of it back and closed at $2.88.

After hours it slipped to $2.48. The data has no news headline for this stock on the 14th.

Pre-market: quiet, then $3.43

The first trades on the 14th were at $2.58, below the $2.88 close. Until about 7:09 a.m. it stayed between $2.52 and $2.73 on thin volume.

That changed late. At 7:52 a.m. one minute reached $3.29 on 90,289 shares. The pre-market high was $3.43 at 8:11 a.m. 1.52 million shares traded before the bell.

At 8:11 a.m. an ask wall also appeared at $3.50. It peaked at 64,583 shares. It was still there at the open.

The wall at $4.16

It opened at $3.30, up 15% from the previous close. About 30 seconds after the open, 35,880 shares traded at exactly $3.50 and that wall was gone by 9:30:36. Two minutes later the stock had reached $4.46.

From 9:34 a.m. on, someone was offering a lot of stock at exactly $4.16.

It peaked at 54,842 shares at 9:36:28, 0.7% of the float sitting at one price. At 9:36:33 the first trade printed at $4.16. In 3.5 seconds, 58,731 shares traded at exactly $4.16 and the wall was gone. It wasn't pulled. Buyers ate it.

The move did not follow right away. The 9:36 minute closed at $4.13. Over the next 17 minutes it went back up to $4.33 at 9:40, then fell to $3.73 at 9:53.

$3.30 to $5.25, and the float

Then it went. At 9:57 one minute traded 418,736 shares and closed at $4.54. It ran to $5.25 at 10:02 a.m., up 59% from the $3.30 open.

By 10:03 a.m., more shares had traded than exist in the whole float (7.47 million). At 10:03:44 a single sell order went through 17 price levels, from $5.06 to $4.90. By 10:05 it had dipped to $4.61.

A bid wall showed up at $4.00 at 10:12. It peaked at 60,120 shares and was pulled at 12:36. The stock stayed above it. It then spent the late morning and early afternoon between about $4.30 and $6.10, reaching $6.10 at 1:54 p.m.

One halt

The stock was at $5.81 at the end of the 2:42 minute. Then it moved. The 2:43 minute traded 463,557 shares and closed at $6.53. A single buy order took 144,219 shares through 29 levels, from $5.89 to $6.17.

At 2:44 p.m. it was halted (a volatility pause) with the last trade at $6.89.

It reopened at 2:49:20 p.m. at $7.11, 3% above where it stopped. 161,637 shares traded in that one opening print. The 2:49 minute ran to $8.25, up 16% from the reopen.

$7.10 to $9.00

It gave back some of that and chopped between about $7.10 and $7.98 for a quarter hour. It dipped to $7.10 in the 3:04 minute. At 3:05 p.m. one minute reached $9.00, up 27% from the $7.10 low a minute earlier, and a 34,035-share buy order went through 19 levels, $7.92 to $8.11.

For the next 25 minutes it traded between about $7.79 and $9.36. Big bids sat below the price. One was 127,180 shares at $7.55, which peaked at 3:31 p.m. and was pulled at 3:31:54. The next minute traded as low as $7.43.

The last hour

At 3:39 p.m. it was at $7.65. The 3:41 minute opened at $7.75.

It hit $9.48, the high of the day, at 3:42 p.m. At 3:42:15 a single buy order took 36,587 shares through 34 levels, $8.79 to $9.21. Within six minutes it was back at $8.44.

It bounced to $9.25 at 3:54, then dropped to $7.82 at 3:56. It finished the regular session at $8.05.

By the close, 29.22 million shares had traded in the regular session: the float changed hands about 4 times. Relative volume was about 13.

After hours

The stock jumped at the 4:00 p.m. bell, to $9.03 in the first minute. After hours it traded as high as $9.30 at 4:04 p.m. Then it faded to $5.32 by 7:50 p.m., down 43%. 4.70 million shares traded after hours.

What to take from it

• A wall breaking is not always the move. The $4.16 wall was eaten in 3.5 seconds, but the stock was lower 17 minutes later. The real run started at 9:57.
• A halt can reopen higher than it stopped, and the book is thin right after. The 2:44 p.m. halt stopped at $6.89 and reopened at $7.11. A 5,000-share buy a second later cost $230 over the screen.
• After hours can undo the day. It traded at $9.30 at 4:04 p.m. and at $5.32 by 7:50 p.m.