Hindsight Markets Small-cap stocks on August 28, 2026
AREN on August 28, 2026: why it ran
On August 28, 2026, AREN opened up 6.4% from the previous close of 0.9400 and reached 1.37 at 10:47 a.m. ET. The exchange did not halt it.
- Previous close
- 0.9400
- Open, 9:30 a.m.
- 1.00
- Gap at the open
- up 6.4%
- Pre-market high
- 1.02 at 9:14 a.m.
- High, 4 a.m. to 4 p.m.
- 1.37 at 10:47 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.9100
- After-hours high, 4 p.m. to 8 p.m.
- 1.30 at 5:47 p.m.
- Last trade before 4:00 p.m.
- 1.10
- Volume
- 7.28 million
- Relative volume
- 113.6x
- Float
- not available
- Shares outstanding
- not available
- Halts
- none in the halt feed
Why it ran
News and SEC filings for AREN published between the previous session's close and the first minute AREN traded 20% above it, at 10:26 a.m. ET, newest first, from the same feeds the replay shows.
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The Arena Group d/b/a Paradium.AI Completes Name Change, Will Trade Under New Stock Ticker PAAI Effective August 31, 2026
News via Stock News API
How it traded
Intraday run. It opened up 6.4% at 1.00, then ran from the open to the high of 1.37 in 77 minutes.
| Time (ET) | What happened |
|---|---|
| 8:30 a.m. | News (Business Wire): The Arena Group d/b/a Paradium.AI Completes Name Change, Will Trade Under New Stock Ticker PAAI Effective August 31, 2026 |
| 9:14 a.m. | Pre-market high, 1.02 |
| 9:30 a.m. | The open: 1.00, up 6.4% from the previous close |
| 10:26 a.m. | First trade 20% above the previous close of 0.9400 |
| 10:47 a.m. | High of the day to the close, 1.37 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.10, 19.3% 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 1 hour 56 minutes after the latest news item before it (Business Wire, 8:30 a.m.).
- Volume, from the one-minute bars: 115 shares before the 9:30 a.m. open (0%), 26,438 in the first 30 minutes (0%), and 7.25 million in the rest of the day to 8 p.m. (100%).
Halts
The exchange's halt feed shows no halts for AREN 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 AREN on August 28, 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.