Hindsight Markets Small-cap stocks on August 6, 2026
FVN on August 6, 2026: why it ran
On August 6, 2026, FVN opened up 34.0% from the previous close of 10.61 and reached 17.04 at 9:47 a.m. ET. The exchange halted it 11 times.
- Previous close
- 10.61
- Open, 9:30 a.m.
- 14.22
- Gap at the open
- up 34.0%
- Pre-market high
- 17.02 at 9:08 a.m.
- High, 4 a.m. to 4 p.m.
- 17.04 at 9:47 a.m.
- Low, 4 a.m. to 4 p.m.
- 8.55
- After-hours high, 4 p.m. to 8 p.m.
- 12.09 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 10.26
- Volume
- 324,348
- Relative volume
- 20.3x
- Float
- 5.80 million shares, from filings as of August 6, 2026
- Shares outstanding
- 7.54 million
- Halts
- 11
Replay FVN's day
It starts at 3:43 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:46 p.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Main move: pre-market and the open
- No news in our data
- Thin pre-market tape
- Halted 11 times
- Halt-reopen fills
- Run and fade
The day before
On August 5, FVN traded between $10.26 and $12.24 on 58,777 shares. The official close was $10.61.
Our data has no news headline for August 6. The move below came with no headline attached.
Pre-market: thin trading, big prices
The day's trading started at 4:59 a.m. at $10.76, just above the $10.61 close. At 5:14 a.m. it jumped from $10.99 to $12.00. By 5:18 a.m. it was at $12.99.
The 5:20 a.m. minute opened at $10.57 and closed at $10.58. By 5:21 a.m. it was back at $11.50. From about 5:25 to 6:25 a.m. it mostly held between $11.89 and $12.00, then crept up. It reached $13.00 at 8:00 a.m.
Most minutes before 8:40 a.m. traded 100 to 300 shares. That is a very thin tape. The float is 5.8 million shares.
The volume came late. At 8:47 a.m. the high touched $15.99 on 3,421 shares, though the minute closed at $14.30. At 8:58 a.m. it hit $17.00, and that minute closed at $14.68. The pre-market high was $17.02 at 9:08 a.m.
Then it fell. At 9:14 a.m. it traded as low as $11.88. By 9:24 a.m. it was back at $15.12. Pre-market volume for the whole session was 103,970 shares.
The open and the first halt
It opened at $14.22, up 34% from the previous close. By 9:36 it was at $15.02.
At 9:37:37 it was halted (a volatility pause). The last trade was $16.03. The pause ran ten minutes.
Stop It's 9:47. FVN was halted at 9:37 with the last trade at $16.03. It opened the day at $14.22. Trading is about to resume. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 9:47 a.m. ET for your call, then show what happened. The clip starts at 9:44 a.m. ET.
It reopened at 9:47:37 at $16.93. The high so far, $17.04, came in that same minute, up 61% from the previous close. But the minute closed at $15.24 on 12,353 shares. By 9:48 it had traded as low as $14.42.
It kept sliding. At 9:51:04 it was halted again after a 9:50 close of $13.82. It reopened at 10:01:04 at $13.00.
Halts three and four, then a lower high
At 10:02 it ran as high as $14.74 and was halted at 10:02:27. It reopened at 10:07:27 at $15.00.
From there it chopped for half an hour. At 10:17 it pushed to $15.37, a lower high under the $17.04 top. It traded $15.25 at 10:37.
At 10:43 it was still at $15.08. Then the slide began: $13.22 at 10:48, a low of $11.71 at 10:51, and $10.11 at 10:58. It was halted for the fourth time at 11:07:17 with the last trade at $9.15.
The 11:07 halt
Stop It's 11:17. FVN's last trade was $9.15, down from $17.04, and it has been halted since 11:07. The pause ends in seconds. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 11:17 a.m. ET for your call, then show what happened. The clip starts at 11:14 a.m. ET.
It reopened at 11:17:17 and traded as low as $8.55 at 11:17, the low so far. That is about half of the $17.04 high and 19% under the previous close. The minute closed at $9.41.
Then the halts came fast. At 11:17:38 it was halted again, reopening at 11:22:38 at $9.20. At 11:23:06 it was halted a sixth time, reopening at 11:28:06.
The stock climbed to $11.35 by 11:33. At 11:34:02 it was halted for a seventh time. It reopened at 11:39:02 at $12.00, and the minute's high was $12.99. At 11:40:20 it was halted an eighth time with the last trade at $11.55. It reopened at 11:50:20 at $10.10.
Afternoon
Halt nine came at 12:01:26 and lasted five minutes. It reopened at 12:06:26 at $12.01.
Stop It's 12:08. FVN is at $11.79. For the last few minutes it has traded tens or hundreds of shares a minute. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 12:08 p.m. ET for your call, then show what happened. The clip starts at 12:05 p.m. ET.
The 12:08 minute traded 6,441 shares. In the next ten minutes, three single trades of about 17,000 to 20,000 shares each printed at $12.50: 17,273 at 12:09:46, 19,900 at 12:12:06 and 17,545 at 12:17:15. All three were at the ask. In the 12:17 minute the price fell from $12.50 to $11.08. Halt ten came at 12:29:36, also five minutes long.
After that it mostly traded between $11 and $13 until about 3 p.m., then slid. It hit $9.69 at 3:23 and $8.81 at 3:44. At 3:55:53 it was halted for the eleventh time, with the last trade at $10.26.
Trading resumed at 4:00 p.m., and that minute traded between $11.29 and $12.09 on 1,751 shares.
By the close, 215,648 shares had traded in the regular session, a relative volume of about 20, in a float of 5.8 million. Pre-market added 103,970, and after hours 4,730.
What to take from it
- The highs came on heavy volume. FVN touched $17.00 and $17.02 pre-market and $17.04 at 9:47 a.m., on minutes of 3,658 to 12,353 shares, after a pre-market of mostly 100 to 300-share minutes.
- Halt-reopen fills cost more than the screen showed. At the eight halt reopens in our data, a 5,000-share market buy ran $2,289 to $15,198 over the screen price.
- After the top, the next push stopped lower. $17.04 at 9:47 a.m., then $15.37 at 10:17. The low was $8.55 at 11:17.
Why it ran
News and SEC filings for FVN published between the previous session's close and the first minute FVN traded 20% above it, at 5:18 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 34.0% to 14.22 at the open, ran from the open to the high of 17.04 in 17 minutes through a halt, then gave back 240% of that move by 4:00 p.m., trading at 10.26.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 5:18 a.m. | First trade 20% above the previous close of 10.61 | |
| 9:08 a.m. | Pre-market high, 17.02 | |
| 9:30 a.m. | The open: 14.22, up 34.0% from the previous close | |
| 9:37 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:47 a.m. | |
| 9:47 a.m. | High of the day to the close, 17.04 | |
| 9:51 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:01 a.m. | |
| 10:02 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:07 a.m. | |
| 11:07 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:17 a.m. | |
| 11:17 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:22 a.m. | |
| 11:23 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:28 a.m. | |
| 11:34 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:39 a.m. | |
| 11:40 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:50 a.m. | |
| 12:01 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:06 p.m. | |
| 12:29 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:34 p.m. | |
| 3:55 p.m. | Last trade before the 4:00 p.m. close, 10.26, 39.8% below the high | |
| 3:55 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 4:00 p.m. |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- Volume, from the one-minute bars: 103,970 shares before the 9:30 a.m. open (32%), 24,754 in the first 30 minutes (8%), and 195,624 in the rest of the day to 8 p.m. (60%).
- The halt at 9:37 a.m.: up 14.1% in the 5 minutes into it, reopened at 16.93, up 5.6% from the last trade before it, then down 18.4% over the next 5 minutes.
- The halt at 9:51 a.m.: down 13.8% in the 5 minutes into it, reopened at 13.00, down 5.9% from the last trade before it, then up 12.8% over the next 5 minutes.
- The halt at 10:02 a.m.: up 6.2% in the 5 minutes into it, reopened at 15.00, up 2.2% from the last trade before it, then down 5.7% over the next 5 minutes.
- The halt at 11:07 a.m.: down 12.9% in the 5 minutes into it, reopened at 8.55, down 6.6% from the last trade before it.
- The halt at 11:17 a.m.: up 2.8% in the 5 minutes into it, reopened at 9.20, down 2.2% from the last trade before it.
- The halt at 11:23 a.m.: up 7.5% in the 5 minutes into it, reopened at 9.99, down 1.3% from the last trade before it, then up 6.1% over the next 5 minutes.
- The halt at 11:34 a.m.: up 13.8% in the 5 minutes into it, reopened at 12.00, up 5.7% from the last trade before it, then down 3.7% over the next 5 minutes.
- The halt at 11:40 a.m.: up 1.8% in the 5 minutes into it, reopened at 10.10, down 12.6% from the last trade before it, then up 10.8% over the next 5 minutes.
- The halt at 12:01 p.m.: up 10.4% in the 5 minutes into it, reopened at 12.01, down 2.0% from the last trade before it, then up 2.7% over the next 5 minutes.
- The halt at 12:29 p.m.: up 2.4% in the 5 minutes into it, reopened at 12.68, up 3.6% from the last trade before it.
- The halt at 3:55 p.m.: up 8.0% in the 5 minutes into it, reopened at 11.29, up 10.0% from the last trade before it, then down 16.1% over the next 5 minutes.
- Other days FVN met the small-cap rule in our recaps: 3, the latest on August 27, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:37 a.m. | 9:47 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 9:51 a.m. | 10:01 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 10:02 a.m. | 10:07 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:07 a.m. | 11:17 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 11:17 a.m. | 11:22 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:23 a.m. | 11:28 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:34 a.m. | 11:39 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:40 a.m. | 11:50 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 12:01 p.m. | 12:06 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 12:29 p.m. | 12:34 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:55 p.m. | 4:00 p.m. | 4 min 7 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay FVN on August 6, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.