Recaps · September 18, 2026

PAAI, September 18: news after the close, 10 halts, and $5.89

• Small cap
• Momentum
• Main move: pre-market
• Catalyst: news (day 2)
• Halted 10 times
• Faded from the top
• Ask wall pulled

News

Business Wire, the day before at 5:45 p.m.

Float

12.83 million shares

Volume

20.46 million shares

Previous close

$3.33

Open

$2.91 (up 12.6%)

High

$5.89 at 9:00 a.m.

Halts

10 (3:04 a.m. and 9:30 a.m. and 9:36 a.m. and 9:47 a.m. and 9:59 a.m. and 10:04 a.m. and 10:10 a.m. and 10:21 a.m. and 10:28 a.m. and 11:34 a.m.)

Close

$1.49

The day before

On September 17, PAAI ran from $0.92 to a high of $3.47. The official close was $3.33.

The news came after the close. At 5:45 p.m. Business Wire ran: “Paradium.AI Signs 10-Year Strategic Platform Agreement with Roundtable (Nasdaq: RTB)”.

At 3:04 a.m. on the 18th the stock was halted (news pending). The halt lasted until 9:00 a.m.

9:00 a.m.: the reopen

At 6:04 a.m. the company filed an 8-K. The stock was still halted, so nothing traded on it. Trading resumed at 9:00 a.m., half an hour before the open. A 43,897-share print went through at $3.31 at 9:00:00, just under the $3.33 close.

Here's what happened. The 9:00 minute went from $3.47 to $5.89, the high so far, and closed at $5.44. More than a million shares traded in that one minute. In the next minute it traded as low as $4.10.

The tops stepped down after that. The 9:01 minute reached $5.52. The 9:02 minute reached $5.20. By 9:13 it was down to $2.81. Pre-market volume was 9.81 million shares, more than the 8.90 million that traded in the whole regular session.

The open: $2.91 and a string of halts

It opened at $2.91, 13% below the $3.33 previous close. The first print was 157,809 shares at $2.91.

At 9:30:58 it was halted on a volatility pause. Halts then came again at 9:36, 9:47 and 9:59. The reopen prints went from $3.10 at 9:35:58 to $2.64, $2.17 and $1.71 at 10:04:30.

By the end of the 10:20 minute, more shares had traded than exist in the whole float (12.83 million).

The wall at $3.40

From 9:30:01 on, the book showed a large offer at exactly $3.40. That was above the open, and above everything that had traded since. At 10:13 it peaked at 131,033 shares, about 1% of the float. The stock was halted at the time; its last trade was $2.19.

It hit $1.71 at 10:04, then chopped between about $1.61 and $2.48 into the late morning. It reached $1.61 at 11:24.

Here's what happened. It pushed to $2.05 by 11:31, and the 11:34 minute closed at $2.18. At 11:34 it was halted again. It reopened at 11:39:44. One second later, at 11:39:45, the $3.40 wall was pulled.

A 5,000-share buy at 11:39:45 showed $2.20 on screen with 3,518 shares and averaged $2.20, a $15 difference. After the reopen it went to $2.33 at 11:53. By 12:22 it was back at $1.84.

The rest of the day

It was $1.65 at 1:59 p.m. and $1.51 at 2:11. A bid wall of 120,061 shares built at $1.43 by 2:44 and was pulled at 2:52. The low of the day was $1.30 at 3:10 p.m.

It bounced into the bell and closed at $1.49, 75% under the $5.89 high. That high came before the bell, at 9:00 a.m., and was 102% above the $2.91 open.

By the close, 18.70 million shares had traded (pre-market plus the regular session): the float changed hands about 1.5 times. Regular-session volume alone was 8.90 million.

After hours

After hours it dropped to $1.34 at 4:17 p.m. Then it ran, and in the 4:59 p.m. minute it hit $1.80, up 34% from that low. Another 1.76 million shares traded after the bell.

At 5:04 p.m. the company filed another 8-K. In the 5:04 minute the stock traded between $1.59 and $1.72.

What to take from it

• Day two's high was bigger than day one's. Day one's high was $3.47 and it closed at $3.33. Day two reached $5.89 before the bell.
• The move was gone by the close. It opened at $2.91, 13% below the previous close, and closed at $1.49, 75% under the high.
• After the top, the early pushes stopped lower. $5.89 at 9:00 a.m., then $5.52 and $5.20 in the next two minutes. After the 9:30 open the stock never got back above $3.40.