Hindsight Markets Small-cap stocks on August 28, 2026
IOTR on August 28, 2026: why it ran
On August 28, 2026, IOTR opened up 2.9% from the previous close of 2.40 and reached 2.58 at 8:13 a.m. ET. The exchange did not halt it.
- Previous close
- 2.40
- Open, 9:30 a.m.
- 2.47
- Gap at the open
- up 2.9%
- Pre-market high
- 2.58 at 8:13 a.m.
- High, 4 a.m. to 4 p.m.
- 2.58 at 8:13 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.43
- After-hours high, 4 p.m. to 8 p.m.
- 4.20 at 5:07 p.m.
- Last trade before 4:00 p.m.
- 2.44
- Volume
- 754,752
- Relative volume
- 114.4x
- Float
- 2.94 million shares, from filings as of August 28, 2026
- Shares outstanding
- 4.86 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for IOTR published between the previous session's close and the first minute IOTR traded 20% above it, at 5:06 p.m. ET, newest first, from the same feeds the replay shows.
How it traded
| Time (ET) | What happened |
|---|---|
| 8:13 a.m. | Pre-market high, 2.58 |
| 8:13 a.m. | High of the day to the close, 2.58 |
| 9:30 a.m. | The open: 2.47, up 2.9% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.44, 5.4% below the high |
| 5:05 p.m. | SEC filing SCHEDULE 13D: |
| 5:06 p.m. | First trade 20% above the previous close of 2.40 |
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 SEC filing before it (SCHEDULE 13D, 5:05 p.m.).
- Volume, from the one-minute bars: 54 shares before the 9:30 a.m. open (0%), 169 in the first 30 minutes (0%), and 754,529 in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day IOTR met the small-cap rule.
Halts
The exchange's halt feed shows no halts for IOTR 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 IOTR 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.