Hindsight Markets / Small-cap stocks on August 17, 2026

WOK on August 17, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On August 17, 2026, WOK opened up 12.6% from the previous close of 2.22 and reached 3.18 at 9:52 a.m. ET. The exchange did not halt it.

Previous close

2.22

Open, 9:30 a.m.

2.50

Gap at the open

up 12.6%

Pre-market high

2.68 at 4:23 a.m.

High, 4 a.m. to 4 p.m.

3.18 at 9:52 a.m.

Low, 4 a.m. to 4 p.m.

2.26

After-hours high, 4 p.m. to 8 p.m.

2.37 at 4:01 p.m.

Last trade before 4:00 p.m.

2.32

Volume

1.45 million

Relative volume

10.3x

Float

2.42 million shares, from filings as of August 17, 2026

Shares outstanding

2.42 million

Halts

none in the halt feed

Why it ran

News and SEC filings for WOK published between the previous session's close and the first minute WOK traded 20% above it, at 4:23 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 12.6% to 2.50 at the open, ran from the open to the high of 3.18 in 22 minutes, then gave back 126% of that move by 4:00 p.m., trading at 2.32.

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: 322,692 shares before the 9:30 a.m. open (22%), 675,926 in the first 30 minutes (47%), and 453,946 in the rest of the day to 8 p.m. (31%).
• Other days WOK met the small-cap rule in our recaps: 1, the latest on August 11, 2026.

Halts

The exchange's halt feed shows no halts for WOK 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.