Hindsight Markets Small-cap stocks on August 13, 2026
AKAN on August 13, 2026: why it ran
On August 13, 2026, AKAN opened down 0.2% from the previous close of 5.39 and reached 5.45 at 4:25 a.m. ET. The exchange did not halt it.
- Previous close
- 5.39
- Open, 9:30 a.m.
- 5.38
- Gap at the open
- down 0.2%
- Pre-market high
- 5.45 at 4:25 a.m.
- High, 4 a.m. to 4 p.m.
- 5.45 at 4:25 a.m.
- Low, 4 a.m. to 4 p.m.
- 5.01
- After-hours high, 4 p.m. to 8 p.m.
- 11.63 at 4:52 p.m.
- Last trade before 4:00 p.m.
- 5.03
- Volume
- 7.12 million
- Relative volume
- 39.6x
- Float
- 479,413 shares, from filings as of August 13, 2026
- Shares outstanding
- 480,976
- Halts
- none in the halt feed
Replay AKAN'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
- Tiny float
- Catalyst: news and 6-K after the close
- Thin book
- No halts
- Quiet session
Pre-market: a thin $5.45
The previous close was $5.39. The first trades came at 4:00 a.m. at $5.31. At 4:12 a.m. it printed $5.41 on 29 shares.
The pre-market high was $5.45 at 4:25 a.m. That minute traded 6 shares. Only 760 shares traded before the bell. The stock traded mostly between $5.30 and $5.40 for most of the pre-market, with a dip to $5.19 at 7:04 a.m. and $5.10 at 9:28 a.m.
The open and a quiet session
It opened at $5.38. The 9:30 candle ran to $5.45 and dropped to $5.27, and it closed that minute at $5.27. By 9:36 it was at $5.05.
The busiest minute of the morning was 9:37, with 5,054 shares. After that it mostly sat near $5.20. Many minutes had no trades at all. The 10:44 candle pushed to $5.29 on 1,451 shares, and 11:18 traded 2,541 shares at $5.14. Neither led anywhere.
Late in the day it slipped.
Stop It's 3:51. AKAN is $5.08. The stock has sat near $5.20 for most of the day, and many minutes have no trades at all. It dipped to $5.06 at 3:32, bounced to $5.16 on 268 shares at 3:46, and the 3:50 minute traded $5.08 on 50 shares. The regular session ends in nine minutes. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:51 p.m. ET for your call, then show what happened. The clip starts at 3:48 p.m. ET.
It touched $5.05 at 3:51 p.m. and hit $5.01 at 3:59 p.m., the low after the open. It closed at $5.03.
Regular-session volume was 15,688 shares, against a float of 479,413. That is about 3% of the float. There were no halts.
4:05 p.m.: the news and the filing
The 4:00 p.m. minute printed $5.01 on 4,443 shares. Then at 4:03 p.m. it traded at $5.29, already above the close.
At 4:05 p.m. Newsfile Corp ran the headline “Akanda's First Towers & Fiber Increases Recurring Revenue with Completion of 200 KM Fiber Network.” In the same minute the company filed a 6-K, a foreign company's current report. The 4:05 candle traded between $5.05 and $5.96 on 11,224 shares.
The next candle, 4:06, hit $7.23 and traded 33,800 shares. The minute after that traded over 100,000.
By 4:12 p.m., more shares had traded since 4:00 than exist in the whole float (479,413). The headline and the 6-K both arrived in the 4:05 p.m. minute; the data shows only their timing.
After hours: up to $11.63
It climbed in steps. $8.47 at 4:13 p.m. and $8.68 at 4:24. $9.98 at 4:41. $10.55 at 4:47.
The high came at 4:52 p.m.: $11.63, up 132% from the $5.01 print at 4:00 p.m. It reached $11.35 at 4:54, then fell to $10.30 by 4:56.
From there it chopped. It dropped to $8.76 at 5:25 p.m., bounced to $10.25 at 5:42, and spent the last hour mostly between $9.40 and $10. The last bar at 7:59 p.m. closed at $9.49.
After hours, 7,101,317 shares traded. For the whole day it was 7,117,765 shares: the float changed hands about 15 times, at about 40 times its normal volume. Almost all of it came after 4:00 p.m.
What to take from it
- A quiet session said nothing about what came after the close. Regular-session trading was 15,688 shares and the price barely moved.
- After-hours moves on a tiny float are fast and thin. The stock went from the $5.03 close to $7.23 within about two minutes of the 4:05 p.m. headline and filing.
- The screen price is not the fill price in a thin book. At the pre-market high, 96 shares were offered and a 5,000-share buy averaged $6.05 against $5.45 on screen.
Why it ran
News and SEC filings for AKAN published between the previous session's close and the first minute AKAN traded 20% above it, at 4:06 p.m. ET, newest first, from the same feeds the replay shows.
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REPORT OF FOREIGN PRIVATE ISSUER
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Akanda's First Towers & Fiber Increases Recurring Revenue with Completion of 200 KM Fiber Network
News via Stock News API
How it traded
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:25 a.m. | Pre-market high, 5.45 | |
| 4:25 a.m. | High of the day to the close, 5.45 | |
| 9:30 a.m. | The open: 5.38, down 0.2% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 5.03, 7.7% below the high | |
| 4:05 p.m. | News (Newsfile Corp): Akanda's First Towers & Fiber Increases Recurring Revenue with Completion of 200 KM Fiber Network | |
| 4:05 p.m. | SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER | |
| 4:06 p.m. | First trade 20% above the previous close of 5.39 | |
| 4:12 p.m. | Volume since 4:00 a.m. passes the whole float, 479,413 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 SEC filing before it (6-K, 4:05 p.m.).
- Volume, from the one-minute bars: 760 shares before the 9:30 a.m. open (0%), 6,811 in the first 30 minutes (0%), and 7.11 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 479,413 shares: past it once at 4:12 p.m., twice at 4:18 p.m., three times at 4:25 p.m.
- The next session, August 14, 2026, it was up 29.5% from its previous close at the 4:00 p.m. close.
Halts
The exchange's halt feed shows no halts for AKAN 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 AKAN on August 13, 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.