Hindsight Markets Small-cap stocks on August 31, 2026
CVKD on August 31, 2026: why it ran
On August 31, 2026, CVKD opened up 6.5% from the previous close of 1.54 and reached 2.29 at 11:56 a.m. ET. The exchange did not halt it.
- Previous close
- 1.54
- Open, 9:30 a.m.
- 1.64
- Gap at the open
- up 6.5%
- Pre-market high
- 1.78 at 8:11 a.m.
- High, 4 a.m. to 4 p.m.
- 2.29 at 11:56 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.45
- After-hours high, 4 p.m. to 8 p.m.
- 1.76 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 1.74
- Volume
- 7.59 million
- Relative volume
- 314.0x
- Float
- 3.21 million shares, from filings as of August 31, 2026
- Shares outstanding
- 3.57 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for CVKD published between the previous session's close and the first minute CVKD traded 20% above it, at 11:47 a.m. ET, newest first, from the same feeds the replay shows.
-
CURRENT REPORT.
-
Cadrenal Therapeutics Announces Positive Outcome from FDA Type D Meeting for Phase 3 Registration Study of CAD-1005 in Heparin-Induced Thrombocytopenia
News via Stock News API
How it traded
Intraday run. It opened up 6.5% at 1.64, then ran from the open to the high of 2.29 in 146 minutes.
| Time (ET) | What happened |
|---|---|
| 8:00 a.m. | News (GlobeNewsWire): Cadrenal Therapeutics Announces Positive Outcome from FDA Type D Meeting for Phase 3 Registration Study of CAD-1005 in Heparin-Induced Thrombocytopenia |
| 8:11 a.m. | Pre-market high, 1.78 |
| 8:29 a.m. | SEC filing 8-K: CURRENT REPORT. |
| 9:30 a.m. | The open: 1.64, up 6.5% from the previous close |
| 11:47 a.m. | First trade 20% above the previous close of 1.54 |
| 11:56 a.m. | High of the day to the close, 2.29 |
| 12:00 p.m. | Volume since 4:00 a.m. passes the whole float, 3.21 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.74, 24.0% 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 3 hours 17 minutes after the latest SEC filing before it (8-K, 8:29 a.m.).
- Volume, from the one-minute bars: 102,150 shares before the 9:30 a.m. open (1%), 23,212 in the first 30 minutes (0%), and 7.47 million in the rest of the day to 8 p.m. (98%).
- Float rotation, the volume since 4 a.m. against the float of 3.21 million shares: past it once at 12:00 p.m., twice at 1:07 p.m.
- In our recaps, this is the only day CVKD met the small-cap rule.
Halts
The exchange's halt feed shows no halts for CVKD 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 CVKD on August 31, 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.