Hindsight Markets Small-cap stocks on August 27, 2026
KZIA on August 27, 2026: why it ran
On August 27, 2026, KZIA opened up 0.5% from the previous close of 14.60 and reached 17.18 at 3:27 p.m. ET. The exchange did not halt it.
- Previous close
- 14.60
- Open, 9:30 a.m.
- 14.67
- Gap at the open
- up 0.5%
- Pre-market high
- 14.24 at 4:01 a.m.
- High, 4 a.m. to 4 p.m.
- 17.18 at 3:27 p.m.
- Low, 4 a.m. to 4 p.m.
- 13.49
- After-hours high, 4 p.m. to 8 p.m.
- 21.97 at 4:05 p.m.
- Last trade before 4:00 p.m.
- 17.03
- Volume
- 588,605
- Relative volume
- 5.8x
- Float
- 9.21 million shares, from filings as of August 27, 2026
- Shares outstanding
- 11.43 million
- Halts
- none in the halt feed
Replay KZIA's day
It starts at 3:48 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:51 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
- Thin regular session
- Catalyst: news
- After-hours swing
- Offering
Pre-market: almost nothing
The previous close was $14.60. The first trade on the 27th was 100 shares at $13.49 at 4:01 a.m. That was the only pre-market minute with trades. The pre-market high was $14.24, in that same minute.
At 8:59 a.m. Seeking Alpha ran a piece titled “Kazia Therapeutics: Upcoming Data May Validate Best-In-Class Potential Of Paxalisib”. The stock did not trade again until the open.
The open and a slow climb
It opened at $14.67, about the same as the $14.60 close. The low since the open was $14.26, in the 9:30 minute. In the 9:30 minute 266 shares traded. Many minutes after that had no trades at all.
At 9:38 it pushed to $15.10 on 2,067 shares. It stayed near $15 through the 10:06 dip to $14.69. Then it drifted up: $15.85 at 10:33, $16.40 at 10:53.
Midday: a range near $16
From about 11 a.m. to 2:40 p.m. it mostly held between $15.70 and $16.30. The low stretches were around $15.67 at 11:41–11:48 and $15.74 at 12:58 p.m. Volume was light, often a few hundred shares a minute or fewer.
At 2:45 p.m. it broke higher, to $16.56 on 3,650 shares. By 3:15 it touched $17.00.
The last hour
The regular-session high so far was $17.18, first reached at 3:27 p.m., in a minute that traded 1,807 shares. It slipped back to $16.83 by 3:30.
Stop It's 3:50. KZIA is at $17.05, up about 17% from the previous close of $14.60. The day's high so far is $17.18, set at 3:27 p.m. Since 3:30 it has moved between about $16.74 and $17.07, and recent minutes have traded a few hundred shares or fewer. Volume has been light all day. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:50 p.m. ET for your call, then show what happened. The clip starts at 3:47 p.m. ET.
It spent the last half hour between about $16.74 and $17.18, touching $17.18 again at 3:54.
Its last trade before 4:00 p.m. was $17.03, up about 17% on the previous close of $14.60; the 4:00 p.m. minute printed $16.90. By the close, 145,319 shares had traded in the regular session. That is about 1.6% of the float of 9.2 million, and relative volume was about 6 times normal.
After hours: $21.97, then $11.50
The 4:00 p.m. minute printed at $16.90. At 4:01 p.m. PRNewsWire ran “Kazia Therapeutics Reports 100% Clinical Benefit Rate in Initial Six Patients Treated for Advanced Triple-Negative Breast Cancer”. That minute traded from $17.20 up to $18.72.
The high of the whole day came a few minutes later: $21.97 in the 4:05 p.m. minute, on 11,461 shares. In 4:06 it reached $21.00, but it closed that minute at $19.42.
At 4:09 p.m. PRNewsWire ran “Kazia Therapeutics Limited Announces Proposed Public Offering”. In the 4:09 minute it fell to $13.00. By 4:11 it hit $11.50, the low of the day, on 30,061 shares in that minute. From $21.97 to $11.50 took six minutes.
It then bounced between about $12 and $14. At 4:16 it ran from $12.26 to $13.80 on 40,971 shares.
Filings and the evening
At 4:37 p.m. the company filed a 6-K. Between 4:37 and 4:44 it also filed four 424B3 prospectuses. At 4:47 p.m. it filed a 424B5 prospectus.
The stock sat around $13 through those filings. At 5:03 it traded up to $14.50, and around 5:51 it reached $15.42. After that it faded back to about $14.20 by 7:59 p.m.
After hours, 443,186 shares traded, three times the regular session. The whole day came to 588,605 shares.
What to take from it
- After hours can undo the day. The stock traded at $21.97 at 4:05 p.m. and at $11.50 by 4:11 p.m.
- A quiet regular session says little about what comes next. About 145,000 shares traded by the close. After hours had three times that.
- Big after-hours swings can come around headlines. Here a headline came at 4:01 p.m. and the stock reached $21.97 by 4:05; it was already falling by 4:07, and the offering headline came at 4:09 as it fell to $13.00.
Why it ran
News and SEC filings for KZIA published between the previous session's close and the first minute KZIA traded 20% above it, at 4:01 p.m. ET, newest first, from the same feeds the replay shows.
-
Kazia Therapeutics Reports 100% Clinical Benefit Rate in Initial Six Patients Treated for Advanced Triple-Negative Breast Cancer
-
Kazia Therapeutics: Upcoming Data May Validate Best-In-Class Potential Of Paxalisib
News via Stock News API
How it traded
Intraday run. It opened up 0.5% at 14.67, then ran from the open to the high of 17.18 in 357 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:01 a.m. | Pre-market high, 14.24 | |
| 8:59 a.m. | News (Seeking Alpha): Kazia Therapeutics: Upcoming Data May Validate Best-In-Class Potential Of Paxalisib | |
| 9:30 a.m. | The open: 14.67, up 0.5% from the previous close | |
| 3:27 p.m. | High of the day to the close, 17.18 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 17.03, 0.9% below the high | |
| 4:01 p.m. | News (PRNewsWire): Kazia Therapeutics Reports 100% Clinical Benefit Rate in Initial Six Patients Treated for Advanced Triple-Negative Breast Cancer | |
| 4:01 p.m. | First trade 20% above the previous close of 14.60 |
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 less than a minute after the latest news item before it (PRNewsWire, 4:01 p.m.).
- Volume, from the one-minute bars: 100 shares before the 9:30 a.m. open (0%), 20,818 in the first 30 minutes (4%), and 567,687 in the rest of the day to 8 p.m. (96%).
- In our recaps, this is the only day KZIA met the small-cap rule.
- The next session, August 28, 2026, it was down 19.2% from its previous close at the 4:00 p.m. close.
Halts
The exchange's halt feed shows no halts for KZIA 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 KZIA on August 27, 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.