Hindsight Markets Small-cap stocks on August 11, 2026
NAII on August 11, 2026: why it ran
On August 11, 2026, NAII opened down 10.3% from the previous close of 2.33 and reached 6.84 at 4:33 a.m. ET. The exchange did not halt it.
- Previous close
- 2.33
- Open, 9:30 a.m.
- 2.09
- Gap at the open
- down 10.3%
- Pre-market high
- 6.84 at 4:33 a.m.
- High, 4 a.m. to 4 p.m.
- 6.84 at 4:33 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.85
- After-hours high, 4 p.m. to 8 p.m.
- 2.33 at 4:46 p.m.
- Last trade before 4:00 p.m.
- 2.21
- Volume
- 818,389
- Relative volume
- 189.1x
- Float
- 6.28 million shares, from filings as of August 11, 2026
- Shares outstanding
- 6.28 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for NAII published between the previous session's close and the first minute NAII traded 20% above it, at 4:32 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 10.3% at 2.09, then ran from the open to the high of 2.37 in 141 minutes.
| Time (ET) | What happened |
|---|---|
| 4:32 a.m. | First trade 20% above the previous close of 2.33 |
| 4:33 a.m. | Pre-market high, 6.84 |
| 4:33 a.m. | High of the day to the close, 6.84 |
| 9:30 a.m. | The open: 2.09, down 10.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.21, 67.7% 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: 684,707 shares before the 9:30 a.m. open (84%), 10,949 in the first 30 minutes (1%), and 122,733 in the rest of the day to 8 p.m. (15%).
- In our recaps, this is the only day NAII met the small-cap rule.
Halts
The exchange's halt feed shows no halts for NAII that day.
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 NAII on August 11, 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.