Hindsight Markets / Small-cap stocks on August 25, 2026

SMTK on August 25, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On August 25, 2026, SMTK opened up 0.3% from the previous close of 3.72 and reached 5.44 at 9:54 a.m. ET. The exchange halted it 3 times.

Previous close

3.72

Open, 9:30 a.m.

3.73

Gap at the open

up 0.3%

Pre-market high

3.87 at 4:00 a.m.

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

5.44 at 9:54 a.m.

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

3.30

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

5.14 at 7:33 p.m.

Last trade before 4:00 p.m.

3.67

Volume

829,030

Relative volume

12.1x

Float

564,683 shares, from filings as of August 25, 2026

Shares outstanding

565,275

Halts

3

Why it ran

News and SEC filings for SMTK published between the previous session's close and the first minute SMTK traded 20% above it, at 9:43 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 0.3% at 3.73, then ran from the open to the high of 5.44 in 24 minutes through a halt.

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: 7,103 shares before the 9:30 a.m. open (1%), 281,581 in the first 30 minutes (34%), and 540,346 in the rest of the day to 8 p.m. (65%).
• Float rotation, the volume since 4 a.m. against the float of 564,683 shares: past it once at 3:48 p.m.
• The halt at 9:48 a.m.: up 12.2% in the 5 minutes into it, reopened at 5.20, up 3.2% from the last trade before it, then down 10.0% over the next 5 minutes.
• The halt at 9:54 a.m.: down 7.1% in the 5 minutes into it, reopened at 4.40, down 6.0% from the last trade before it.
• The halt at 10:04 a.m.: down 15.4% in the 5 minutes into it, reopened at 3.33, down 15.9% from the last trade before it, then up 5.4% over the next 5 minutes.
• Other days SMTK met the small-cap rule in our recaps: 1, the latest on August 26, 2026.
• The next session, August 26, 2026, it was up 12.4% from its previous close at the 4:00 p.m. close.

Halts

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.