Hindsight Markets Small-cap stocks on August 12, 2026
BOXL on August 12, 2026: why it ran
On August 12, 2026, BOXL opened up 57.0% from the previous close of 2.93 and reached 9.89 at 3:31 p.m. ET. The exchange did not halt it.
- Previous close
- 2.93
- Open, 9:30 a.m.
- 4.60
- Gap at the open
- up 57.0%
- Pre-market high
- 6.80 at 5:05 a.m.
- High, 4 a.m. to 4 p.m.
- 9.89 at 3:31 p.m.
- Low, 4 a.m. to 4 p.m.
- 4.10
- After-hours high, 4 p.m. to 8 p.m.
- 8.40 at 4:01 p.m.
- Last trade before 4:00 p.m.
- 7.92
- Volume
- 27.62 million
- Relative volume
- 174.2x
- Float
- 663,210 shares, from filings as of August 12, 2026
- Shares outstanding
- 667,057
- Halts
- none in the halt feed
Replay BOXL's day
It starts at 2:27 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 2:30 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: the afternoon
- Catalyst: news (day 2)
- Ask wall break
- Float traded 37x
- Lower high
- After-hours drop
The day before
On August 11, BOXL closed at $2.93. Including after hours, it traded between $2.63 and $4.77 that day.
The news came after the close. At 5:40 p.m. Business Wire ran: “Boxlight Corporation Announces Initial Closing of Private Placement”. Its last after-hours trade that day was $4.62.
Pre-market: the float traded by 4:05 a.m.
The first trades on the 12th were at $4.27, already above the $2.93 close. At 4:01 a.m. it traded through $5.00, and it hit $6.00 at 4:02 a.m., up 43% from $4.21 a minute earlier.
By 4:05 a.m., more shares had traded than exist in the whole float (663,210). It ran again from $4.95 at 4:05 to $6.50 at 4:15, up 31%.
The pre-market high was $6.80 at 5:05 a.m., up from $5.46 at 4:55. 10.52 million shares traded before the bell, and by 5:49 a.m. that was ten times the float.
Then it faded. At 6:31 a.m. it dropped from $5.46 to $4.96 in one minute, and it hit $4.27 at 6:56 a.m.
The open and five quiet hours
It opened at $4.60, up 57% from the previous close. The first minutes were busy and it reached $5.49 at 9:37. Then it drifted. The low since the open was $4.28 at 11:07.
From 9:33 a.m. the Level 2 book showed an offer at exactly $6.00. It peaked at 47,774 shares at 9:37, about 7% of the float. A second wall at $5.50 was first seen at 7:22 a.m. and peaked at 32,086 shares at 10:20. In the afternoon a third wall sat at $5.10, peaking at 33,553 shares at 2:00 p.m. While the stock sat near $4.80 to $5.00, these offers sat above it.
The walls at 2:39 p.m.
Stop It's 2:39. BOXL is at $5.14. It has spent most of the afternoon between $4.55 and $5.19. Sellers have been showing stock at $5.50 and at $6.00 since the morning. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 2:39 p.m. ET for your call, then show what happened. The clip starts at 2:36 p.m. ET.
Here's what happened. At 2:38 the $5.10 wall was pulled. At 2:39:15 a buy order swept 26,890 shares from $5.19 to $5.27. At 2:39:42 another took 31,483 shares from $5.38 to $5.43.
Then at 2:39:43 a buy of 91,084 shares went through 57 price levels, from $5.42 to $5.98, and another of 38,649 shares went from $5.90 to $6.10. Both walls were eaten in about a second. 12,942 shares traded at exactly $5.50 and 28,476 at exactly $6.00. The 2:39 candle went from $5.14 to $6.12 on 361,916 shares.
It kept going. From $4.55 at 12:52 p.m. it ran to $7.00 at 2:45 p.m., up 54%. At 3:05 a buy of 40,625 shares swept from $6.85 to $7.39, and the minute's high was $7.44. From $6.22 at 2:57 it reached $8.37 at 3:12, up 35%.
Into the last half hour
Stop It's 3:29. BOXL is at $8.54. Three minutes ago it was at $7.81, and it has climbed from $5.14 at 2:39. Would you chase it here?
Press play: the real Level 2, time and sales and chart stop at 3:29 p.m. ET for your call, then show what happened. The clip starts at 3:26 p.m. ET.
From $7.80 at 3:26 it ran to $9.89, the high of the day, at 3:31 p.m. Within two minutes it was back at $8.13.
At 3:33 p.m. Benzinga ran: “Boxlight Shares Rally Following Capital Raising Deals”. In the same minute a sell order took 26,034 shares from $9.06 down to $8.73, and the stock fell to $8.04 by 3:34. It hit $7.63 at 3:39, down 23% from $9.89.
The rest of the day
After the top it bounced several times but stayed lower: $8.55 at 3:36, and $8.39 at 3:44 and again at 3:55. It closed at $7.92, up 170% on the day.
Counting pre-market, 24.82 million shares traded before the close: the float changed hands about 37 times, at about 174 times its normal volume.
After hours
After hours it fell from $8.40 at 4:01 p.m. to $5.65 by 4:53 p.m., down 33%. At 4:50 p.m., after the close, the company filed an 8-K (a current report). The after-hours slide continued, from $6.15 at 4:51 to $5.79 by the end of that minute.
At 5:45 p.m. Business Wire ran: “Boxlight Reports Second Quarter 2026 Financial Results”. The stock later traded up to $7.59 at 7:35 p.m.
What to take from it
- A big ask wall can hold for hours and still break in a second. The $6.00 wall was there from 9:33 a.m. and was gone at 2:39 p.m.
- Here, buying right after the wall broke and near the high cost more than the screen showed. Here the same 5,000-share order cost $546 and $695 over the screen.
- After the top, the next push stopped lower. $9.89 at 3:31 p.m., then $8.55 at 3:36 and $8.39 at 3:44 and 3:55. After hours then gave back from $8.40 to $5.65.
Why it ran
News and SEC filings for BOXL published between the previous session's close and the first minute BOXL traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
-
Boxlight Corporation Announces Initial Closing of Private Placement
News via Stock News API
How it traded
Gap, run and fade. It gapped up 57.0% to 4.60 at the open, ran from the open to the high of 9.89 in 361 minutes, then gave back 37% of that move by 4:00 p.m., trading at 7.92.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 11, 5:40 p.m. | News (Business Wire): Boxlight Corporation Announces Initial Closing of Private Placement | |
| 4:00 a.m. | First trade 20% above the previous close of 2.93 | |
| 4:05 a.m. | Volume since 4:00 a.m. passes the whole float, 663,210 shares | |
| 5:05 a.m. | Pre-market high, 6.80 | |
| 9:30 a.m. | The open: 4.60, up 57.0% from the previous close | |
| 3:31 p.m. | High of the day to the close, 9.89 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 7.92, 19.9% 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
- From news to the move: the first trade 20% above the previous close came 10 hours 20 minutes after the latest news item before it (Business Wire, Aug 11, 5:40 p.m.).
- Volume, from the one-minute bars: 10.52 million shares before the 9:30 a.m. open (38%), 3.12 million in the first 30 minutes (11%), and 13.98 million in the rest of the day to 8 p.m. (51%).
- Float rotation, the volume since 4 a.m. against the float of 663,210 shares: past it once at 4:05 a.m., twice at 4:11 a.m., three times at 4:16 a.m.
- Other days BOXL met the small-cap rule in our recaps: 2, the latest on August 14, 2026.
Halts
The exchange's halt feed shows no halts for BOXL 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 BOXL on August 12, 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.