Hindsight Markets Small-cap stocks on August 20, 2026
SNSC on August 20, 2026: why it ran
On August 20, 2026, SNSC opened up 0.8% from the previous close of 1.31 and reached 2.71 at 10:06 a.m. ET. The exchange halted it 3 times.
- Previous close
- 1.31
- Open, 9:30 a.m.
- 1.32
- Gap at the open
- up 0.8%
- Pre-market high
- 1.37 at 5:08 a.m.
- High, 4 a.m. to 4 p.m.
- 2.71 at 10:06 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.25
- After-hours high, 4 p.m. to 8 p.m.
- 2.14 at 7:47 p.m.
- Last trade before 4:00 p.m.
- 1.47
- Volume
- 3.02 million
- Relative volume
- 29.1x
- Float
- 9.18 million shares, from filings as of August 20, 2026
- Shares outstanding
- 38.10 million
Replay SNSC's day
It starts at 9:47 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:50 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: 10 a.m.
- Filings only (Form 3)
- Round-number break
- Halt reopen
- Halted three times
- Lower high, faded
The day before and pre-market
On August 19, SNSC opened at $2.05, touched $2.09, and fell to $1.27 at the low. The official close was $1.31.
The first trade on the 20th was at $1.32 at 4:05 a.m. The pre-market high was $1.37 at 5:08 a.m., on a 35-share print. Later it slid to $1.25 by 9:10 a.m. 15,333 shares traded before the bell, a tiny slice of the 9.18 million-share float.
The open and the slow climb
It opened at $1.32, one cent above the previous close. The 9:30 minute ranged from $1.28 to $1.35. From 9:31 to 9:49 it stayed between $1.29 and $1.36.
At 9:50 it cleared the $1.37 pre-market high. By 9:55 it was at $1.50, and at 9:56 it closed the minute at $1.51. Volume in those minutes ran from about 550 to 3,300 shares.
Stop It's 9:57. SNSC is at $1.55, above the $1.37 pre-market high it cleared at 9:50. It was $1.32 at the open. $2.00 is the next round number. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:57 a.m. ET for your call, then show what happened. The clip starts at 9:54 a.m. ET.
Here's what happened. The 9:58 minute went to $1.75, on 25,315 shares, more than any minute that day before it. The 9:59 minute reached $1.98 on 41,040 shares. In the 10:00 minute it traded through $2.00, on 94,543 shares.
The first halt and the top
At 10:00:45 it was halted (a volatility pause), with the last trade at $2.15. It reopened at 10:05:45 at $2.27, 6% above where it stopped.
The reopen traded heavily. A single print of 58,614 shares went at $2.29 at 10:05:45. One second later a sell order of 19,113 shares swept from $2.26 to $2.20 across 7 levels.
From the reopen it ran to $2.71, the high so far, at 10:06. That minute traded 350,912 shares. In the 10:07 minute it traded as low as $2.00.
The second halt
At 10:08:52 it was halted again (a volatility pause), with the last trade at $1.85. Just before that, at 10:08:28, a sell order of 10,053 shares had swept from $2.15 to $2.10 across 6 levels.
Stop It's 10:13. SNSC has been halted since 10:08. The last trade was $1.85. The high was $2.71, seven minutes ago. Would you buy at the reopen?
Press play: the real Level 2, time and sales and chart stop at 10:13 a.m. ET for your call, then show what happened. The clip starts at 10:10 a.m. ET.
Here's what happened. It reopened at 10:13:52 at $1.85, with a single print of 32,434 shares at that price. It fell to $1.80 at 10:13, down 34% from $2.71.
It bounced right away. At 10:14:09 a buy order of 14,266 shares swept from $2.01 to $2.17 across 16 levels. Two seconds later, 14,611 more shares swept from $2.17 to $2.20. At 10:14 it pushed to $2.22, a lower high under the $2.71 top.
At 10:15:57 it was halted a third time (a volatility pause), with the last trade at $1.62. It reopened at 10:20:57 at $1.62, with a print of 30,122 shares at that price. The 10:21 minute went as low as $1.49, and the 10:22 minute as low as $1.39.
The rest of the day
For the rest of the regular session after the third halt it never got above $1.75. It chopped in a range around $1.50 to $1.60 through the late morning. The news feed shows three filings, all with the headline "3" (a Form 3): at 10:40 a.m., 11:50 a.m. and 3:17 p.m. None of them lines up with a move in the bars.
It kept drifting lower: $1.50 at 11:05, $1.36 at 1:00 p.m., and $1.32 at 1:02 p.m. Late in the afternoon it dipped to $1.33 at 3:33 p.m., then climbed back. It closed at $1.47, 46% below the $2.71 high.
Regular-session volume was 2.75 million shares, about 30% of the float. Relative volume for the whole day was about 29 times normal.
After hours
At 7:45 p.m. it was at $1.74. Two minutes later it hit $2.14 at 7:47 p.m., still below the $2.71 high. By 7:59 p.m. it was back to $1.76. After-hours volume was 256,677 shares.
What to take from it
- Halt reopens are not all alike. The first reopen had 16,121 shares on the screen and a 5,000-share buy cost the screen price. The second had 101 shares and the same buy cost $269 more.
- After the top, the next push stopped lower. $2.71 at 10:06, then $2.22 at 10:14. After the third halt it never got above $1.75 for the rest of the regular session.
- Most of the move was gone by the close. SNSC closed at $1.47, 46% below the high, and the after-hours spike to $2.14 also stayed under $2.71.
Why it ran
News and SEC filings for SNSC published between the previous session's close and the first minute SNSC traded 20% above it, at 9:57 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Intraday run. It opened up 0.8% at 1.32, then ran from the open to the high of 2.71 in 36 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 5:08 a.m. | Pre-market high, 1.37 | |
| 9:30 a.m. | The open: 1.32, up 0.8% from the previous close | |
| 9:57 a.m. | First trade 20% above the previous close of 1.31 | |
| 10:00 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:05 a.m. | |
| 10:06 a.m. | High of the day to the close, 2.71 | |
| 10:08 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:13 a.m. | |
| 10:15 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:20 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.47, 45.8% 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: 15,333 shares before the 9:30 a.m. open (1%), 84,333 in the first 30 minutes (3%), and 2.92 million in the rest of the day to 8 p.m. (97%).
- The halt at 10:00 a.m.: up 43.3% in the 5 minutes into it, reopened at 2.27, up 5.6% from the last trade before it, then down 18.5% over the next 5 minutes.
- The halt at 10:08 a.m.: down 14.0% in the 5 minutes into it, reopened at 1.85, unchanged from the last trade before it, then down 12.4% over the next 5 minutes.
- The halt at 10:15 a.m.: down 12.4% in the 5 minutes into it, reopened at 1.62, unchanged from the last trade before it, then down 1.2% over the next 5 minutes.
- In our recaps, this is the only day SNSC met the small-cap rule.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 10:00 a.m. | 10:05 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:08 a.m. | 10:13 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:15 a.m. | 10:20 a.m. | 5 min 0 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 SNSC on August 20, 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.