Hindsight Markets Small-cap stocks on August 13, 2026
XHG on August 13, 2026: why it ran
On August 13, 2026, XHG opened up 528.3% from the previous close of 0.9151 and reached 18.08 at 8:36 a.m. ET. The exchange halted it 2 times.
- Previous close
- 0.9151
- Open, 9:30 a.m.
- 5.75
- Gap at the open
- up 528.3%
- Pre-market high
- 18.08 at 8:36 a.m.
- High, 4 a.m. to 4 p.m.
- 18.08 at 8:36 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.9100
- After-hours high, 4 p.m. to 8 p.m.
- 4.60 at 7:55 p.m.
- Last trade before 4:00 p.m.
- 4.10
- Volume
- 39.00 million
- Relative volume
- 11151.7x
- Float
- 46.60 million shares, from filings as of August 13, 2026
- Shares outstanding
- 51.55 million
Why it ran
News and SEC filings for XHG published between the previous session's close and the first minute XHG traded 20% above it, at 8:02 a.m. ET, newest first, from the same feeds the replay shows.
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XChange TEC.INC Announces Intent to Acquire First Cycle, INC., Accelerating AI-Powered Insurance Transformation
News via Stock News API
How it traded
Gap, run and fade. It gapped up 528.3% to 5.75 at the open, ran from the open to the high of 7.23 in 7 minutes, then gave back 211% of that move by 4:00 p.m., trading at 4.10.
| Time (ET) | What happened |
|---|---|
| 8:00 a.m. | News (PRNewsWire): XChange TEC.INC Announces Intent to Acquire First Cycle, INC., Accelerating AI-Powered Insurance Transformation |
| 8:02 a.m. | First trade 20% above the previous close of 0.9151 |
| 8:36 a.m. | Pre-market high, 18.08 |
| 8:36 a.m. | High of the day to the close, 18.08 |
| 9:30 a.m. | The open: 5.75, up 528.3% from the previous close |
| 9:37 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:42 a.m. |
| 9:43 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:01 a.m. |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 4.10, 77.3% 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 2 minutes after the latest news item before it (PRNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 18.36 million shares before the 9:30 a.m. open (47%), 2.63 million in the first 30 minutes (7%), and 18.01 million in the rest of the day to 8 p.m. (46%).
- The halt at 9:37 a.m.: up 33.1% in the 5 minutes into it, reopened at 6.00, down 17.0% from the last trade before it, then down 20.0% over the next 5 minutes.
- The halt at 9:43 a.m.: down 33.6% in the 5 minutes into it, reopened at 3.86, down 19.6% from the last trade before it, then down 1.0% over the next 5 minutes.
- Other days XHG met the small-cap rule in our recaps: 1, the latest on October 6, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:37 a.m. | 9:42 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:43 a.m. | 10:01 a.m. | 18 min 43 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 XHG 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.