Recaps · October 9, 2026

WFF, October 9: a wall at $4.00, 11 halts, and $19.44

• Small cap
• Momentum
• Main move: the afternoon
• Round-number break
• Halt run
• Halted 11 times
• Lower high after the top
• After-hours drop

Volume

67.13 million shares

Previous close

$2.05

Open

$2.08 (up 1.5%)

High

$19.44 at 3:08 p.m.

Halts

11 (9:39 a.m. and 11:44 a.m. and 12:05 p.m. and 12:43 p.m. and 12:54 p.m. and 1:49 p.m. and 2:04 p.m. and 2:19 p.m. and 2:27 p.m. and 2:58 p.m. and 3:09 p.m.)

Close

$12.20

Before the open

On October 8, WFF traded between $2.05 and $2.18 and closed at $2.05. Our data shows no news for the 9th.

The first trade on the 9th was 100 shares at $2.16 at 4:17 a.m. That was also the pre-market high. Only 6,950 shares traded before the bell. It opened at $2.08, up 1% from the previous close.

The first halt and the fade

At 9:37 it started to move, from $2.17. By 9:39 it was at $2.68, and at 9:39:21 it was halted (a volatility pause).

It reopened at 9:55:14 at $3.20, 19% above where it stopped. The first print was 114,161 shares at $3.20. It hit $4.18 at 9:59.

Then it sold off for more than an hour. It was at $2.91 by 10:04 and $2.59 by 10:30. Big ask walls sat above the price on the way down. 201,680 shares appeared at $2.60 at 10:36 and were pulled at 10:38. 206,030 shares at $2.40 peaked at 10:46 and were pulled at 11:00.

The low so far was $1.75 at 11:10, below the $2.05 previous close and down 58% from $4.18.

The wall at $4.00

From 10:01 on, an ask wall sat at exactly $4.00. It peaked at 80,179 shares at 11:57:42.

From the $1.75 low the stock climbed back to $3.56 by 11:44. Then at 11:44:27 it was halted. It reopened at 11:49:27 at $3.22, below where it stopped, with a 71,225-share print at that price. It was back near $3.99 by 11:57.

At 11:58:19 trades at $4.00 began. In under a second, 59,870 shares traded at exactly $4.00 and the wall was gone. It wasn't pulled. Buyers ate it. One buy order of 117,956 shares went from $3.96 to $4.19 across 24 price levels.

The break didn't hold. The 11:58 minute reached $4.25, but by 12:01 it was down to $3.02.

Halts after noon

At 12:05:49 it was halted with the last trade at $3.91. It reopened at 12:15:50 at $4.49, 15% higher, on a 188,078-share print.

It was halted again at 12:43:40 (last trade $4.94) and reopened at 12:48:40 at $4.54, lower this time. A third halt at 12:54:36 (last trade $6.19) reopened at 12:59:36 at $6.39. Big buy orders swept through the book at 12:43 and 12:48.

It reached $7.68 at 1:15 p.m. and $9.68 at 1:30 p.m. Then it slid to $6.62 at 1:47 p.m., down 32%.

At 1:49 p.m. it was halted (a volatility pause) with the last trade at $8.68. It reopened at 1:59:56 at $9.90, 14% higher, on a 193,643-share print.

The 2:00 minute got back to $11.48, just under the $11.49 spike, then it fell to $8.88 at 2:01 p.m., down 23% from $11.49.

The top at $19.44

At 2:04:32 it was halted with the last trade at $12.08. It reopened at 2:09:32 at $12.68. It reached $14.56 at 2:15, then fell to $9.26 at 2:25 p.m., down 36%.

At 2:27 p.m. it was halted again with the last trade at $11.69. It sat halted for 15 minutes and reopened at 2:42:42 at $13.80, 18% higher.

It fell to $10.66 by 2:50, then climbed back to $14.73 at 2:58. At 2:58:34 it was halted with the last trade at $14.73. It reopened at 3:08:34 at $16.20, 10% higher, on a 145,368-share print.

In that same minute it hit $19.44, the high of the day, up 848% from the $2.05 previous close. By the 3:09 minute it was down to $14.46. At 3:09:35 it was halted again. It reopened at 3:14:35 at $14.89.

The close and after hours

It tried once more. At 3:18 p.m. it pushed to $16.00, a lower high under the $19.44 top. Then it faded: $10.33 at 3:29, and $8.26 at 3:37. At 3:45 an ask wall appeared at $13.88 and peaked at 114,589 shares at 3:46. It bounced to $13.70 at 3:53. It closed at $12.20.

By the close, 58.87 million shares had traded, more than the 45.36 million shares outstanding, at 404 times its normal volume. It was halted 11 times.

After hours it traded as high as $15.57 at 4:04 p.m. It was at $12.64 at 4:59, then dropped to $10.09 in the 5:00 minute. It fell to $8.06 by 5:24 p.m., down 48% from $15.57. Another 8.25 million shares traded after hours.

What to take from it

• A big ask wall at a round number is a level, not a ceiling. The $4.00 wall was eaten in under a second. But the move did not hold.
• Right after a halt reopen, the fill can cost far more than the screen says. On this day the same 5,000-share order cost $488 over the screen at 2:42 and $814 over at 3:14.
• After the top, the next push stopped lower. $19.44 at 3:08 p.m., then $16.00 at 3:18 p.m. And after hours can undo the day: $15.57 at 4:04 p.m., $8.06 by 5:24 p.m.