Hindsight Markets Small-cap stocks on August 10, 2026
LZMH on August 10, 2026: why it ran
On August 10, 2026, LZMH opened down 0.8% from the previous close of 1.20 and reached 2.16 at 10:23 a.m. ET. The exchange halted it 2 times.
- Previous close
- 1.20
- Open, 9:30 a.m.
- 1.19
- Gap at the open
- down 0.8%
- Pre-market high
- 1.30 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 2.16 at 10:23 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.07
- After-hours high, 4 p.m. to 8 p.m.
- 1.30 at 4:03 p.m.
- Last trade before 4:00 p.m.
- 1.21
- Volume
- 4.28 million
- Relative volume
- 24.7x
- Float
- 3.80 million shares, from filings as of August 10, 2026
- Shares outstanding
- 8.98 million
Replay LZMH's day
It starts at 10:05 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:08 a.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: the morning
- Intraday run
- Ask wall
- Halted twice
The day before
On August 7, LZMH ran from $1.34 to a high of $2.30. It closed at $1.20.
Pre-market and the open: nothing happening
The first trades on the 10th were at $1.30, above the $1.20 close. That was the pre-market high, at 4:00 a.m. It drifted down from there. By 6:08 it was $1.12, and it spent most of the morning between $1.10 and $1.14. 22,954 shares traded before the bell.
It opened at $1.19, then dropped to $1.12 in the first minute. It sat near $1.13 for the next 15 minutes.
The move starts
From about 9:46 it began to climb, and the 9:49 minute reached $1.22. By 10:04 it was $1.25. By 10:18 it was $1.42, on small volume. Then the volume changed.
The 10:20 minute traded 25,259 shares as it went to $1.60. The 10:21 minute traded 75,852 and reached $1.70. The 10:22 minute traded 235,446 shares and reached $1.96.
Up to $2.16
The 10:23 minute was the biggest of the day: 520,637 shares. It hit $2.16 in that minute. Up 80% from the $1.20 close.
The top was not smooth.
The 10:24 minute traded at $1.90 to $2.00. Then the 10:25 minute fell from $1.90 to $1.61 on 367,034 shares.
The wall at $1.49 and the first halt
At 10:26:05 an ask wall showed up at $1.49. By 10:26:18 it held 114,069 shares, 3.0% of the float. At 10:26:18 the stock was halted for a volatility pause. The last trade was $1.49.
Stop It's 10:31. LZMH last traded at $1.49 and is about to reopen from a halt. It was $2.16 eight minutes ago. A wall of about 114,000 shares sat at $1.49 when it halted. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 10:31 a.m. ET for your call, then show what happened. The clip starts at 10:28 a.m. ET.
The reopen came at 10:31:18. A 38,885-share print went off at $1.41. At 10:31:19 a buy order for 15,961 shares swept from $1.44 to $1.49 across six levels. 7,337 shares traded at exactly $1.49 before the wall was pulled at 10:31:20. The 10:31 minute ran from a low of $1.34 to a high of $1.58.
The low of that minute, $1.34, was 15% below that minute's high of $1.58. Then it ran to $1.64 at 10:32, and fell to $1.13 at 10:34.
The second halt and the lower high
It climbed again, from $1.13 to $1.57 by 10:38. At 10:39:13 it was halted a second time, last trade $1.57. It reopened at 10:44:13.
The reopen began with a 28,020-share print at $1.62.
It pushed to $1.88 in the 10:44 minute, a lower high under $2.16. The 10:44 minute traded 186,007 shares. It was back to $1.46 by 10:46. At 10:46:09 an ask wall appeared at $2.01, and a 15,389-share sweep sold from $1.57 to $1.47.
The slow fade
A bid wall at $1.25 showed from 10:48 to 11:02. It was gone by 11:02:44. At 11:04 a bid wall of 71,594 shares built at $1.33. It was pulled at 11:10:03, after a 20,000-share print at $1.26 and a 29,938-share sweep from $1.33 to $1.25 at 11:10:02. 7,866 shares traded at $1.33 before then.
By 11:14 more shares had traded than the float (3.80 million). The price was $1.26.
It faded further. The low of the day, $1.07, came at 12:23. The afternoon was quiet, with small volume and prices from $1.07 to $1.30. The last trades of the regular session were $1.21 in the 3:59 minute and $1.23 in the 4:00 minute, and 4.21 million shares traded by the close, about 25 times normal volume.
After hours it traded between $1.14 and $1.30, with 47,246 shares.
What to take from it
- A big ask wall can come right before a halt. Here 114,069 shares sat at $1.49 as the first halt hit, and the reopen printed below it.
- After the top, the next push stopped lower. $2.16 at 10:23, then $1.88 at 10:44.
- Reopens can be thin or deep. The 10:31 reopen filled at the screen. The 10:44 reopen cost $159 more than the screen.
Why it ran
News and SEC filings for LZMH published between the previous session's close and the first minute LZMH traded 20% above it, at 10:14 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Intraday run. It opened down 0.8% at 1.19, then ran from the open to the high of 2.16 in 53 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | Pre-market high, 1.30 | |
| 9:30 a.m. | The open: 1.19, down 0.8% from the previous close | |
| 10:14 a.m. | First trade 20% above the previous close of 1.20 | |
| 10:23 a.m. | High of the day to the close, 2.16 | |
| 10:26 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:31 a.m. | |
| 10:39 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:44 a.m. | |
| 11:14 a.m. | Volume since 4:00 a.m. passes the whole float, 3.80 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.21, 44.0% below the high |
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: 22,954 shares before the 9:30 a.m. open (1%), 11,342 in the first 30 minutes (0%), and 4.25 million in the rest of the day to 8 p.m. (99%).
- Float rotation, the volume since 4 a.m. against the float of 3.80 million shares: past it once at 11:14 a.m.
- The halt at 10:26 a.m.: down 12.4% in the 5 minutes into it, reopened at 1.48, down 0.7% from the last trade before it, then down 14.2% over the next 5 minutes.
- The halt at 10:39 a.m.: up 25.6% in the 5 minutes into it, reopened at 1.60, up 1.9% from the last trade before it, then down 6.9% over the next 5 minutes.
- Other days LZMH met the small-cap rule in our recaps: 1, the latest on August 7, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 10:26 a.m. | 10:31 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:39 a.m. | 10:44 a.m. | 5 min 0 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 LZMH on August 10, 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.