Hindsight Markets Small-cap stocks on August 25, 2026
BDRX on August 25, 2026: why it ran
On August 25, 2026, BDRX opened up 21.3% from the previous close of 1.20 and reached 2.09 at 6:18 a.m. ET. The exchange did not halt it.
- Previous close
- 1.20
- Open, 9:30 a.m.
- 1.46
- Gap at the open
- up 21.3%
- Pre-market high
- 2.09 at 6:18 a.m.
- High, 4 a.m. to 4 p.m.
- 2.09 at 6:18 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.15
- After-hours high, 4 p.m. to 8 p.m.
- 1.19 at 4:04 p.m.
- Last trade before 4:00 p.m.
- 1.17
- Volume
- 10.41 million
- Relative volume
- 109.8x
- Float
- 926,260 shares, from filings as of August 25, 2026
- Shares outstanding
- 1.03 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for BDRX published between the previous session's close and the first minute BDRX traded 20% above it, at 4:55 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap and fade. It gapped up 21.3% to 1.46 at the open and traded below the open by 4:00 p.m., at 1.17.
| Time (ET) | What happened |
|---|---|
| 4:55 a.m. | First trade 20% above the previous close of 1.20 |
| 5:03 a.m. | Volume since 4:00 a.m. passes the whole float, 926,260 shares |
| 6:18 a.m. | Pre-market high, 2.09 |
| 6:18 a.m. | High of the day to the close, 2.09 |
| 9:30 a.m. | The open: 1.46, up 21.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.17, 44.0% 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
- Volume, from the one-minute bars: 8.39 million shares before the 9:30 a.m. open (81%), 429,113 in the first 30 minutes (4%), and 1.58 million in the rest of the day to 8 p.m. (15%).
- Float rotation, the volume since 4 a.m. against the float of 926,260 shares: past it once at 5:03 a.m., twice at 5:10 a.m., three times at 5:24 a.m.
Halts
The exchange's halt feed shows no halts for BDRX 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 BDRX on August 25, 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.