Recaps · September 15, 2026
WAFU, September 15: a quiet day, then $3.25 after the bell
- Small cap
- Momentum
- Main move: after hours
- Low float
- Catalyst: press release after the close
- Thin regular session
- After-hours run
- Float
- 1.43 million shares
- Volume
- 13.19 million shares
- Previous close
- $1.37
- Open
- $1.40 (up 2.2%)
- High
- $1.40 at 9:30 a.m.
- Close
- $1.39
Pre-market: a few shares near $1.33
The previous close was $1.37. The first pre-market trades were at 5:46 a.m., around $1.33. After that it traded only a handful of shares a few times.
The pre-market high was $1.34 at 8:40 a.m. Just 116 shares traded before the bell.
The open at $1.40
It opened at $1.40, up 2% from the previous close. The 9:30 minute was the busiest of the regular session, with 3,390 shares. It touched $1.36 in that same minute and closed it at $1.40.
It touched $1.40 at 9:30. Through 3:55 p.m. it traded between $1.35 and $1.38, with long gaps between trades. The low since the open was $1.35 at 12:28, on a single share.
The rest of the regular session
Most minutes had no trades at all.
Stop It's 3:55. WAFU is at $1.37, the same as yesterday's close. After the $1.40 open it has stayed between $1.35 and $1.38, with long gaps between trades. Only about 3,950 shares have traded in the regular session so far, most of them in the first minute. There are five minutes left before the close. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:55 p.m. ET for your call, then show what happened. The clip starts at 3:52 p.m. ET.
Two of the last minutes were busier: 300 shares at 3:58 p.m. and 346 at 3:59 p.m., when it ticked up to $1.39.
It closed at $1.39, up 1% on the day. 4,599 shares traded in the regular session. Normal volume for WAFU is tiny, about 25,000 shares a day, and the float is 1.43 million shares.
4:01 p.m.: the headline
The news came after the close. At 4:01 p.m. GlobeNewsWire ran: “Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project Successfully Passes Review for Hangzhou's Local Innovation‑and‑Entrepreneurship Project.”
The 4:01 minute opened at $1.44, touched $1.80 and closed at $1.73, on 49,549 shares. The next minute traded 185,127 shares. At 4:03 it touched $1.85.
By 4:09 p.m., more shares had traded than exist in the whole float (1.43 million).
The after-hours run to $3.25
It didn't go straight up. It dipped to $1.62 at 4:04, then climbed to $2.14 at 4:07. At 4:11 it jumped from $2.11 to $2.88, and the next minute reached $2.98.
From 4:12 to 4:38 it chopped between about $2.10 and $2.98. Then, in the 4:39 p.m. minute, it hit $3.25, the high of the day. That was up 134% from the $1.39 at 4:00 p.m.
It didn't hold. By 4:42 it was at $2.56, and it was $2.45 at 5:00 p.m. From there it drifted lower, to $1.85 by the end of the 5:53 p.m. minute. It traded between about $1.67 and $1.92 through the evening, and the last bar, at 7:59 p.m., closed at $1.74.
After hours, 13,182,163 shares traded. That is about nine times the float, in a stock that did 4,599 shares in the regular session. Relative volume for the whole day was about 536 times normal.
What to take from it
- A quiet regular session can hide the day's real move. WAFU traded 4,599 shares from 9:30 to 4:00 and 13.2 million after hours.
- A headline came out at 4:01 p.m., and a thin stock traded far higher in that same minute. It went from $1.39 at 4:00 p.m. to $1.80 in the 4:01 minute.
- The high after hours was not where it stayed. It reached $3.25 at 4:39 p.m. and was at $1.74 by 7:59 p.m.
Replay this day
Trade WAFU on September 15, 2026 yourself in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, with fills from the real book.