Hindsight Markets Small-cap stocks on August 21, 2026
SUGP on August 21, 2026: why it ran
On August 21, 2026, SUGP opened up 26.8% from the previous close of 3.02 and reached 4.85 at 7:03 a.m. ET. The exchange halted it 3 times.
- Previous close
- 3.02
- Open, 9:30 a.m.
- 3.83
- Gap at the open
- up 26.8%
- Pre-market high
- 4.85 at 7:03 a.m.
- High, 4 a.m. to 4 p.m.
- 4.85 at 7:03 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.12
- After-hours high, 4 p.m. to 8 p.m.
- 1.80 at 5:43 p.m.
- Last trade before 4:00 p.m.
- 1.60
- Volume
- 21.93 million
- Relative volume
- 48.0x
- Float
- 701,604 shares, from filings as of August 21, 2026
- Shares outstanding
- 892,954
Replay SUGP's day
It starts at 12:32 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:35 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
- Gap, run and fade
- News: compliance notice
- Ask wall break
- Halted three times
- Float traded 31x
The day before
On August 20, SUGP traded between $2.49 and $3.96 and closed at $3.02.
The news came as the market closed. At 4:00 p.m. PRNewsWire ran: “SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT”. The last trade in the data from that evening was $3.73.
Pre-market: the float traded by 4:11 a.m.
The first trades on the 21st were at $3.50, already above the $3.02 close. The float is only 701,604 shares. By 4:11 a.m., more shares than that had traded. From $3.28 at 4:05 a.m. it ran to $4.34 at 4:11 a.m., up 32%.
It held around $4 for most of the pre-market. It dipped to $3.70 at 4:49 and was back at $4.34 at 5:23.
Level 2 shows sellers parked above the price. An ask wall of about 50,000 shares sat at $4.89 from 4:11 to 4:17. Another of about 50,000 sat at $5.07 from 4:26 until 6:58. At 6:56 a wall appeared at $5.00.
At 6:53 the stock woke up again, going from $4.14 to $4.40 on 242,605 shares. The 6:56 minute hit $4.65 on 379,491 shares.
Stop It's 7:02. SUGP is at $4.44. The pre-market high so far is $4.65. An ask wall has sat at $5.00 since 6:56. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 7:02 a.m. ET for your call, then show what happened. The clip starts at 6:59 a.m. ET.
The 7:02 minute reached $4.77. Then $4.85, the high so far, at 7:03 a.m. It stopped below the $5.00 wall. The $5.33 wall that had appeared at 6:59 was pulled at 7:02:00. Within three minutes the price was back at $4.45. 12.71 million shares traded before the bell.
At 8:46 it dropped from $3.94 to $3.72, and at 8:47 it hit $3.43 on 172,446 shares. At 9:23 a.m. Benzinga ran: “SU Group Holdings Stock Jumps Friday: What's Driving the Move?”
The wall at $4.20
It opened at $3.83, up 27% from the previous close. The first minute dipped to $3.59.
Level 2 showed a large ask at exactly $4.20 from 8:56 a.m. on. It peaked at 56,856 shares at 9:48 a.m., about 8% of the float.
After the open the stock worked up toward it. There were buy sweeps at 9:48 and at 9:50, where the 9:50 minute reached $4.15.
Stop It's 9:53. SUGP is at $4.13. An ask wall has sat at $4.20 since 8:56 and peaked at 56,856 shares at 9:48. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:53 a.m. ET for your call, then show what happened. The clip starts at 9:50 a.m. ET.
At 9:53:00 one buy order swept 47,753 shares from $4.15 to $4.20. Over 5.3 seconds, 18,233 shares traded at exactly $4.20 and the wall was gone.
The 9:53 minute pushed to $4.25 and also dropped to $3.69. It closed at $3.82 on 465,655 shares, the most of any minute that day. $4.25 was a lower high than the $4.85 top.
The slide to the first halt
It spent the next hour drifting down. It was at $3.42 by 10:33 and $3.10 at 10:57. At 11:11 it traded down to $3.00, under the $3.02 previous close.
At 11:47 the company filed a 6-K. At 11:48 a sell order swept 28,853 shares from $3.00 down to $2.79, and the minute low was $2.78. It was back to $3.17 by 11:50.
At 12:02 two prints of 38,910 and 14,200 shares went through at $3.00. After that the slide picked up speed: $2.46 at 12:29, $1.99 at 12:35, $1.79 at 12:36.
Three halts in 37 minutes
At 12:36:48 it was halted (a volatility pause) with the last trade at $1.79. It reopened at 12:56:49 at $1.12, 37% below where it stopped. The first print was 79,463 shares at $1.12.
From $1.12 it ran to $1.34. At 12:57:05 it was halted again with the last trade at $1.34. It reopened at 1:02 p.m. at $1.48, 10% above where it stopped. On Level 2, the same 5,000-share buy at 1:02:06 would have averaged $1.58 against $1.50 on screen (+$386).
At 1:06 p.m. the company filed a 6-K/A. At 1:08 the stock ran to $2.03, and at 1:09 it was halted a third time with the last trade at $2.03. It reopened at 1:14 p.m. at $2.05. The high of that minute was $2.15. By 1:18 it was at $1.50.
The rest of the day
From 1:20 on it traded mostly between $1.50 and $1.90. At 3:06 p.m. it dropped from $1.66 to $1.35 in one minute on 162,709 shares. It was back at $1.54 by 3:09.
It closed at $1.60, 67% under the $4.85 high of the day. That high came before the bell, at 7:03 a.m., 27% above where it opened.
Through the close, 21.46 million shares traded, counting pre-market: the float changed hands about 31 times, at 48 times its normal volume. The regular session was 8.75 million of that and the pre-market 12.71 million. After hours, 468,651 more traded, and the price reached $1.80 at 5:43 p.m.
What to take from it
- A halt can reopen far from where it stopped, and the reopen fill is worse than the screen. The 12:36 halt stopped at $1.79 and reopened at $1.12. A 5,000-share buy a second later averaged $1.31 against $1.19 on screen.
- A wall breaking is not the same as a breakout. The $4.20 wall was eaten in 5.3 seconds, and the same minute reached $4.25, dipped to $3.69 and closed at $3.82.
- Here the high came before the open and none of the move lasted. $4.85 at 7:03 a.m., then $4.25 at 9:53, then a close at $1.60, 67% below the high.
Why it ran
News and SEC filings for SUGP published between the previous session's close and the first minute SUGP traded 20% above it, at 4:10 a.m. ET, newest first, from the same feeds the replay shows.
-
SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT
News via Stock News API
How it traded
Gap, run and fade. It gapped up 26.8% to 3.83 at the open, ran from the open to the high of 4.25 in 23 minutes, then gave back 631% of that move by 4:00 p.m., trading at 1.60.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 20, 4:00 p.m. | News (PRNewsWire): SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT | |
| 4:10 a.m. | First trade 20% above the previous close of 3.02 | |
| 4:11 a.m. | Volume since 4:00 a.m. passes the whole float, 701,604 shares | |
| 7:03 a.m. | Pre-market high, 4.85 | |
| 7:03 a.m. | High of the day to the close, 4.85 | |
| 9:30 a.m. | The open: 3.83, up 26.8% from the previous close | |
| 12:36 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:56 p.m. | |
| 12:57 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:02 p.m. | |
| 1:09 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:14 p.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.60, 67.0% 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 12 hours 10 minutes after the latest news item before it (PRNewsWire, Aug 20, 4:00 p.m.).
- Volume, from the one-minute bars: 12.71 million shares before the 9:30 a.m. open (58%), 2.43 million in the first 30 minutes (11%), and 6.79 million in the rest of the day to 8 p.m. (31%).
- Float rotation, the volume since 4 a.m. against the float of 701,604 shares: past it once at 4:11 a.m., twice at 4:16 a.m., three times at 4:21 a.m.
- The halt at 12:36 p.m.: down 28.4% in the 5 minutes into it, reopened at 1.12, down 37.4% from the last trade before it, then up 19.6% over the next 5 minutes.
- The halt at 12:57 p.m.: down 25.1% in the 5 minutes into it, reopened at 1.48, up 10.4% from the last trade before it, then up 18.2% over the next 5 minutes.
- The halt at 1:09 p.m.: up 26.9% in the 5 minutes into it, reopened at 2.05, up 1.0% from the last trade before it, then down 26.6% over the next 5 minutes.
- Other days SUGP met the small-cap rule in our recaps: 5, the latest on September 15, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 12:36 p.m. | 12:56 p.m. | 20 min 1 s | LULD pause (limit up-limit down) |
| 12:57 p.m. | 1:02 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:09 p.m. | 1:14 p.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 SUGP on August 21, 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.