Hindsight Markets Small-cap stocks on August 12, 2026
GXAI on August 12, 2026: why it ran
On August 12, 2026, GXAI opened down 1.3% from the previous close of 0.8855 and reached 0.8980 at 9:40 a.m. ET. The exchange did not halt it.
- Previous close
- 0.8855
- Open, 9:30 a.m.
- 0.8736
- Gap at the open
- down 1.3%
- Pre-market high
- 0.8855 at 4:31 a.m.
- High, 4 a.m. to 4 p.m.
- 0.8980 at 9:40 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.8521
- After-hours high, 4 p.m. to 8 p.m.
- 1.58 at 5:15 p.m.
- Last trade before 4:00 p.m.
- 0.8752
- Volume
- 16.19 million
- Relative volume
- 172.0x
- Float
- 10.52 million shares, from filings as of August 12, 2026
- Shares outstanding
- 10.74 million
- Halts
- none in the halt feed
Replay GXAI's day
It starts at 3:55 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:58 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: after hours
- Quiet regular session
- News: earnings headline
- After-hours run
- Thin book
The day before
On August 11, GXAI traded between $0.84 and $0.8999 on 47,351 shares. The official close was $0.8855. That is the number today's moves are measured from.
Pre-market: a few small trades
Pre-market was very quiet. Only 1,406 shares traded before the bell, and most minutes had no trades at all.
It traded between $0.85 and $0.89. The low so far was $0.8521 at 5:21 a.m. on 6 shares. That is a print, not a market.
The open and a slow drift
It opened at $0.8736, then drifted. At 9:40 a.m. it traded at $0.88.
Stop It's 9:40. GXAI is at $0.88, a little above the $0.8736 open, on thin volume. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:40 a.m. ET for your call, then show what happened. The clip starts at 9:37 a.m. ET.
The 9:40 bar closed at $0.898 on 1,200 shares, the high of the regular session. It did not hold. The 9:56 bar closed at $0.8807 and the 10:01 bar at $0.8729.
Hours of nothing, one sweep
From 10 a.m. to the close it stayed in a narrow range, mostly $0.86 to $0.89. Many minutes had no trades. The low after the open was $0.8599 at 11:23.
The busiest regular-session minute was 12:35, with 21,551 shares. A single buy order of 16,302 shares went through four price levels, from $0.8693 to $0.8711, at 12:35:03. That one order was about a third of the regular session's volume. The price barely moved.
It closed the regular session near $0.87. Regular-session volume was 46,469 shares, about the same as the day before.
After hours: the headline
The 4:00 p.m. bar printed at $0.8705. Then the news came. At 4:06 p.m. the company filed a 10-Q (the quarterly report).
At 4:10 p.m. GlobeNewsWire ran: “Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year.” The 4:10 bar ran from $0.8979 to $1.10 on 59,845 shares. That one minute traded more than the whole regular session.
At 4:15 p.m. the company filed an 8-K (a current report). By 4:17 it was at $1.23.
The run to $1.58
It kept climbing in steps: $1.34 at 4:24, $1.44 at 4:26, $1.49 at 4:38. After a long stretch between about $1.35 and $1.53, it ran again and hit $1.58 in the 5:15 p.m. minute, the high of the day. That is up from $0.8855, the previous close.
It then faded back to about $1.40 by 5:30 and stayed around $1.40 to $1.57 through 8 p.m. The last bar, at 7:59 p.m., closed at $1.45.
After hours, 16.1 million shares traded. That is more than the whole float of 10.5 million, about 1.5 times over. The regular session had traded 46,469. Relative volume for the day was about 172 times normal.
What to take from it
- The regular session can say nothing while the real move comes after the bell. Here the day was flat on 46,469 shares, and after hours traded 16.1 million.
- A single order can move a thin stock. At 9:40 a 5,000-share market buy would have averaged $0.9112 against $0.88 on the screen, $156 more in total.
- After-hours headlines and big moves can land in the same minute. The 4:10 p.m. headline arrived in the minute that traded from $0.8979 to $1.10.
Why it ran
News and SEC filings for GXAI published between the previous session's close and the first minute GXAI traded 20% above it, at 4:10 p.m. ET, newest first, from the same feeds the replay shows.
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Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year
-
QUARTERLY REPORT
News via Stock News API
How it traded
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:31 a.m. | Pre-market high, 0.8855 | |
| 9:30 a.m. | The open: 0.8736, down 1.3% from the previous close | |
| 9:40 a.m. | High of the day to the close, 0.8980 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.8752, 2.5% below the high | |
| 4:06 p.m. | SEC filing 10-Q: QUARTERLY REPORT | |
| 4:10 p.m. | News (GlobeNewsWire): Gaxos Delivers Record Second-Quarter Revenue, Up 35.8% Sequentially and 1,337% Year over Year | |
| 4:10 p.m. | First trade 20% above the previous close of 0.8855 | |
| 5:12 p.m. | Volume since 4:00 a.m. passes the whole float, 10.52 million shares |
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 less than a minute after the latest news item before it (GlobeNewsWire, 4:10 p.m.).
- Volume, from the one-minute bars: 1,406 shares before the 9:30 a.m. open (0%), 1,838 in the first 30 minutes (0%), and 16.18 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 10.52 million shares: past it once at 5:12 p.m.
- Other days GXAI met the small-cap rule in our recaps: 1, the latest on August 13, 2026.
Halts
The exchange's halt feed shows no halts for GXAI 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 GXAI 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.