Hindsight Markets Small-cap stocks on August 17, 2026
IVF on August 17, 2026: why it ran
On August 17, 2026, IVF opened up 132.6% from the previous close of 0.9716 and reached 3.12 at 7:00 a.m. ET. The exchange did not halt it.
- Previous close
- 0.9716
- Open, 9:30 a.m.
- 2.26
- Gap at the open
- up 132.6%
- Pre-market high
- 3.12 at 7:00 a.m.
- High, 4 a.m. to 4 p.m.
- 3.12 at 7:00 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.9885
- After-hours high, 4 p.m. to 8 p.m.
- 2.21 at 5:15 p.m.
- Last trade before 4:00 p.m.
- 1.52
- Volume
- 58.66 million
- Relative volume
- 1960.0x
- Float
- 2.51 million shares, from filings as of August 17, 2026
- Shares outstanding
- 2.51 million
- Halts
- none in the halt feed
Replay IVF's day
It starts at 9:18 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:21 a.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: pre-market
- News: earnings
- Float traded 22x
- Bid wall broke
- Lower high
- Faded to the close
Pre-market: the float traded by 4:31 a.m.
On August 14, IVF closed at $0.97. It traded 28,948 shares that day. The float is 2.51 million shares.
The first bar on the 17th, at 4:00 a.m., traded between $0.99 and $1.02. That $0.99 was the low so far. Until 4:20 a.m. there were just scattered small trades, between $1.04 and $1.13.
Then at 4:21 a.m. volume jumped. From $1.02 at 4:22 a.m. it ran to $2.00 at 4:24 a.m., nearly double. By 4:31 a.m., more shares had traded than exist in the whole float.
It did not go straight up. It fell to $1.56 at 4:25 a.m., rebounded to $2.13 at 4:28 a.m., then dropped to $1.63 at 4:31 a.m. After that it pushed to $2.24 at 4:35 a.m.
The bigger run started at 4:44 a.m. at $1.94 and reached $3.06 at 4:51 a.m. It touched $3.05 again at 4:53 a.m., then slid for 20 minutes to $2.22 at 5:14 a.m. A second bounce reached $2.74 at 5:19 a.m. and faded to $1.93 at 5:44 a.m.
From $2.00 at 6:01 a.m. it climbed in steps, reaching $2.63 at 6:29 a.m.
7:00 a.m.: the high of the day
At 6:59 a.m. it was $2.64. At 7:00:05 one buy order of 106,997 shares went through the book, from $2.87 to $3.00 across 14 price levels. The 7:00 candle hit $3.12, the high so far, on over a million shares. Within two minutes it was back at $2.54. 34.37 million shares had traded before the bell.
By 7:14 a.m. the stock had traded ten times its float. At 7:02 a.m. an ask wall appeared at $3.00.
It came back once more. At 7:33 a.m. it pushed to $2.95, a lower high under the $3.12 top. Then it drifted down to $2.30 at 8:12 a.m.
The bid wall at $2.39
At 8:30 a.m. GlobeNewsWire ran this headline: “INVO Fertility Reports Second Quarter 2026 Results Highlighting Revenue Growth and Clinic Platform Profitability.” The stock was at $2.51 at the start of that minute. At 8:35 a.m. an 8-K was filed.
From 8:42 a.m., a bid wall built at exactly $2.39. The bid grew to 77,172 shares at 9:04 a.m., about 3% of the float. It sat just under the price for over 20 minutes. The stock traded between $2.39 and $2.59 in that time.
Stop It's 9:05. IVF is at $2.41. Just below, about 77,000 shares are bid at $2.39, 3% of the float. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:05 a.m. ET for your call, then show what happened. The clip starts at 9:02 a.m. ET.
At 9:05:12 the first trade printed at $2.39. In 9.7 seconds, 42,328 shares traded at exactly $2.39 and the wall was gone. It wasn't pulled. Sellers hit it. A sell order of 53,168 shares went through $2.39 down to $2.36. The 9:05 minute bottomed at $2.33.
The stock then slid to $2.24 by 9:21 a.m. and was $2.26 at 9:29.
The open and the morning fade
It opened at $2.26, up 133% from the previous close. A 30,314-share print went through at $2.26 at 9:30:00.
It ran for ten minutes. From $2.24 at 9:32 it reached $2.78 at 9:36, and $2.80 at 9:39, the high since the open. That was well under the $3.00 ask wall from 7:02, which grew to about 99,900 shares by 10:06 a.m., 4.0% of the float. A buy order of 55,751 shares went through $2.74 to $2.77 at 9:39:19. By 9:41 it was down to $2.26.
From 9:42 until 10:13 it traded between $2.33 and $2.65. Then at 10:14 it fell to $2.13 on 566,619 shares. At 10:14:15 a sell order of 82,356 shares went through 16 price levels, from $2.28 down to $2.13.
A new bid wall formed at $2.15. It grew to 133,442 shares by 10:25 a.m., 5.3% of the float. It was pulled at 10:42:53 a.m. The price stayed between $2.18 and $2.32 from 10:26 to 10:42. At 10:59:56 a sell order of 69,318 shares went through $2.20 to $2.13.
Stop It's 11:02. IVF is at $2.07, down from $2.20 a few minutes ago. A bid wall has sat at $2.00 since 6:24 a.m., at times about 71,000 shares. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 11:02 a.m. ET for your call, then show what happened. The clip starts at 10:59 a.m. ET.
At 11:02:56 a sell order of 68,040 shares went through $2.02 down to $1.95. 29,181 shares traded at exactly $2.00 in that one second and the wall was gone. The minute closed at $2.01. For the next two hours the stock traded between $1.97 and $2.20.
The afternoon
At 12:26 p.m. a buy order of 132,552 shares went through $2.05 to $2.16, and the minute traded 289,450 shares. It pushed to $2.20 at 12:33 p.m., then faded back to $2.03 by 12:47 p.m.
At 1:06 p.m. it dropped to $1.78. A sell order of 80,744 shares went through $1.95 to $1.80 across 16 levels. At 1:30 p.m. a bid wall of about 141,900 shares appeared at $1.65, 5.7% of the float. It was pulled at 1:32 p.m.
At 2:13 p.m. an ask wall appeared at $2.02. It grew to 143,514 shares by 2:14 p.m., 5.7% of the float, while the stock traded near $1.85. It was pulled at 2:23 p.m., and the stock did not trade at $2.02 again before the close.
The stock fell to $1.41 at 3:21 p.m., the low of the regular session. At 3:30 p.m. Benzinga ran: “INVO Fertility Stock Surges Following Q2 Earnings Beat.” The stock was at $1.47 at the start of that minute. It closed at $1.52, 51% below the $3.12 high.
For the day to the close, 55.03 million shares traded: the float changed hands about 22 times, at about 1,960 times its normal volume. 34.37 million of that was pre-market and 20.66 million was the regular session.
After hours
After hours it ran from $1.40 at 4:09 p.m. to $2.21 at 5:15 p.m., up 58%. Then it faded, to $1.85 by 5:22 p.m. and $1.73 at 7:59 p.m. About 3.6 million shares traded after hours.
What to take from it
- The $2.39 and $2.00 bid walls both broke. The $2.39 wall was 3% of the float and sellers still ate it in under ten seconds. The $2.00 wall went the same way.
- After the top, the next push stopped lower. $3.12 at 7:00 a.m., then $2.95 at 7:33 a.m.
- The float traded over by 4:31 a.m. By then more shares had changed hands than the float holds. By the close the stock was 51% below its high.
Why it ran
News and SEC filings for IVF published between the previous session's close and the first minute IVF traded 20% above it, at 4:21 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 132.6% to 2.26 at the open, ran from the open to the high of 2.80 in 9 minutes, then gave back 237% of that move by 4:00 p.m., trading at 1.52.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:21 a.m. | First trade 20% above the previous close of 0.9716 | |
| 4:31 a.m. | Volume since 4:00 a.m. passes the whole float, 2.51 million shares | |
| 7:00 a.m. | Pre-market high, 3.12 | |
| 7:00 a.m. | High of the day to the close, 3.12 | |
| 9:30 a.m. | The open: 2.26, up 132.6% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.52, 51.3% 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
- Volume, from the one-minute bars: 34.37 million shares before the 9:30 a.m. open (59%), 6.35 million in the first 30 minutes (11%), and 17.95 million in the rest of the day to 8 p.m. (31%).
- Float rotation, the volume since 4 a.m. against the float of 2.51 million shares: past it once at 4:31 a.m., twice at 4:45 a.m., three times at 4:53 a.m.
- In our recaps, this is the only day IVF met the small-cap rule.
Halts
The exchange's halt feed shows no halts for IVF 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 IVF on August 17, 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.