Hindsight Markets Small-cap stocks on August 27, 2026
YMT on August 27, 2026: why it ran
On August 27, 2026, YMT opened down 5.6% from the previous close of 3.23 and reached 4.95 at 9:06 a.m. ET. The exchange halted it 3 times.
- Previous close
- 3.23
- Open, 9:30 a.m.
- 3.05
- Gap at the open
- down 5.6%
- Pre-market high
- 4.95 at 9:06 a.m.
- High, 4 a.m. to 4 p.m.
- 4.95 at 9:06 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.48
- After-hours high, 4 p.m. to 8 p.m.
- 3.19 at 6:59 p.m.
- Last trade before 4:00 p.m.
- 2.79
- Volume
- 1.70 million
- Relative volume
- 6.3x
- Float
- 20,875 shares, from filings as of August 27, 2026
- Shares outstanding
- 3.35 million
Replay YMT's day
It starts at 9:28 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:31 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: pre-market
- Ultra-low float
- Ask walls pulled
- Halted three times
- Faded below the open
- Float traded 81x
Pre-market: the float traded by 9:02 a.m.
The float is tiny: 20,875 shares. The previous close was $3.23. The first trades on the 27th were at 9:00 a.m., at $3.52.
By 9:02 a.m., more shares had traded than exist in the whole float. From $3.40 at 9:01 it ran to $4.43 at 9:02, up 30%. Then it fell to $3.34 at 9:03, down 25% from $4.43.
It ran again. By the end of the 9:06 minute about 25 times the float had traded. The 9:06 minute alone was 320,801 shares, and it printed $4.95 at 9:06 a.m. That minute also traded as low as $3.78 and closed at $3.80. 1.20 million shares traded before the bell.
Two ask walls
Right after that spike, large blocks of stock appeared for sale above the price.
Stop It's 9:07. YMT is at $3.73, down from the $4.95 high a minute ago. A large block of shares has just appeared for sale at $3.90, above the price. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:07 a.m. ET for your call, then show what happened. The clip starts at 9:04 a.m. ET.
The wall at $3.90 was first seen at 9:07:00. It peaked at 29,365 shares at 9:07:16, about 141% of the float. Then at 9:08:15 it was pulled. It wasn't eaten: only 680 shares traded at exactly $3.90. In the 9:08 minute the price went to $4.19, a lower high under the $4.95 top.
A second wall showed up at $3.45 at 9:12:55. It peaked at 27,041 shares at 9:13:15, about 130% of the float. It was pulled at 9:14:11. The price did not get to it in the minutes after: the 9:13 high was $3.39 and the 9:14 high was $3.36. The 9:13 minute dropped to $3.07.
The open and three halts
It opened at $3.05, down 6% from the previous close. It slid to $2.77 by 9:32.
At 9:32:35 it was halted (a volatility pause) with the last trade at $2.77. It reopened at 9:37:35 at $2.62, 5% below where it stopped.
At 9:37:56 it was halted again with the last trade at $2.78. It reopened at 9:47:56 at $3.09, 11% above where it stopped. A halt can reopen on either side.
The 9:48 minute pushed to $3.40, and at 9:48:26 it was halted a third time at $3.40.
Stop It's 9:53. YMT is halted at $3.40, its last trade before the pause. Would you buy when it reopens?
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.
It reopened at 9:53:26 at $3.40. At that second a single print of 11,845 shares went through at $3.40 on Nasdaq. The minute traded 65,258 shares, ran to $3.45, dropped to $3.06, and closed at $3.30.
The rest of the day
After the third halt the volume dried up. From about 10 a.m. it drifted from around $3.10 toward the $2.70s and $2.80s on thin volume, sometimes with a few minutes passing between trades. The low of the day came late: $2.48 at 3:16 p.m. It bounced into the close and finished the regular session at $2.79, below the $3.23 previous close.
After hours it pushed up to $3.19 at 6:59 p.m., then drifted back. The data lists no news headline for the day.
The regular session (9:30 to 4:00) traded 440,624 shares. For the whole day, 1.70 million shares traded: the float changed hands about 81 times, at about 6 times its normal volume. Most of that was before the bell.
What to take from it
- All of the move was gone by the close. It closed at $2.79, 44% below the $4.95 high and below the $3.23 previous close.
- A wall that is pulled is not a wall that is eaten. The $3.90 wall disappeared with only 680 shares traded at that price. A pulled wall shows nothing about whether that size was ever really for sale.
- Reopen fills depend on the book. The same 5,000-share buy cost $351 over the screen at the 9:37 reopen and $0 over at 9:53. At 9:37 only 62 shares sat at the screen price; at 9:53 there were 17,824.
Why it ran
News and SEC filings for YMT published between the previous session's close and the first minute YMT traded 20% above it, at 9:02 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 down 5.6% at 3.05, then ran from the open to the high of 3.45 in 23 minutes through 3 halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:02 a.m. | First trade 20% above the previous close of 3.23 | |
| 9:02 a.m. | Volume since 4:00 a.m. passes the whole float, 20,875 shares | |
| 9:06 a.m. | Pre-market high, 4.95 | |
| 9:06 a.m. | High of the day to the close, 4.95 | |
| 9:30 a.m. | The open: 3.05, down 5.6% from the previous close | |
| 9:32 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:37 a.m. | |
| 9:37 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:47 a.m. | |
| 9:48 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:53 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.79, 43.6% 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: 1.20 million shares before the 9:30 a.m. open (70%), 180,745 in the first 30 minutes (11%), and 320,853 in the rest of the day to 8 p.m. (19%).
- Float rotation, the volume since 4 a.m. against the float of 20,875 shares: past it once at 9:02 a.m., twice at 9:03 a.m., three times at 9:03 a.m.
- The halt at 9:32 a.m.: down 10.9% in the 5 minutes into it, reopened at 2.62, down 5.4% from the last trade before it.
- The halt at 9:37 a.m.: up 0.4% in the 5 minutes into it, reopened at 3.09, up 11.2% from the last trade before it, then up 10.0% over the next 5 minutes.
- The halt at 9:48 a.m.: up 22.3% in the 5 minutes into it, reopened at 3.40, unchanged from the last trade before it, then down 5.3% over the next 5 minutes.
- Other days YMT met the small-cap rule in our recaps: 2, the latest on September 29, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:32 a.m. | 9:37 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:37 a.m. | 9:47 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 9:48 a.m. | 9:53 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 YMT 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.