Hindsight Markets Small-cap stocks on August 31, 2026
MOVE on August 31, 2026: why it ran
On August 31, 2026, MOVE opened up 30.5% from the previous close of 11.49 and reached 17.71 at 8:35 a.m. ET. The exchange did not halt it.
- Previous close
- 11.49
- Open, 9:30 a.m.
- 15.00
- Gap at the open
- up 30.5%
- Pre-market high
- 17.71 at 8:35 a.m.
- High, 4 a.m. to 4 p.m.
- 17.71 at 8:35 a.m.
- Low, 4 a.m. to 4 p.m.
- 10.70
- After-hours high, 4 p.m. to 8 p.m.
- 11.10 at 4:01 p.m.
- Last trade before 4:00 p.m.
- 11.00
- Volume
- 4.13 million
- Relative volume
- 15.0x
- Float
- 16.40 million shares, from filings as of August 31, 2026
- Shares outstanding
- 27.65 million
- Halts
- none in the halt feed
Replay MOVE's day
It starts at 8:04 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:07 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
- Catalyst: news
- Gap and fade
- Sold from the open
- No halts
Before the news
The previous close was $11.49. On August 28 the stock had traded between $10.79 and $11.80, on 25,278 shares. The float is 16.4 million shares.
On the 31st the first trade came at 7:24 a.m.: 10 shares at $11.36, below the previous close. Then nothing printed until 7:45.
7:45: the headline and the first run
At 7:45 a.m. PRNewsWire ran: “Corvex Announces Significant Data Center Expansion; Increasing Current Capacity 5x with Contracted Path to 13x”. The 7:45 minute opened at $13.00 and reached $13.88, on 3,961 shares. It had touched $11.49 in the same minute.
It chopped around $13 for three more minutes, climbed to $14.53 at 7:49, and then at 7:50 a.m. it traded through $15.00 and hit $16.71 on 39,399 shares, up 45% from the previous close.
The next four minutes each traded 51,000 to 67,000 shares. It held between about $14.00 and $16.39. At 7:55 it started to slip, and by 8:04 it was down to $13.44, below where the 7:50 spike had started.
Quiet, then a second push
From 8:08 to 8:18 a.m. it was quiet. It sat between about $14.08 and $14.82 on 3,000 to 10,000 shares a minute. Then at 8:19 it jumped from $14.68 to $15.37 on 61,491 shares.
Stop It's 8:21. MOVE is at $15.60, after climbing from $14.68 at 8:19. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 8:21 a.m. ET for your call, then show what happened. The clip starts at 8:18 a.m. ET.
The 8:21 minute went to $16.75 on 111,638 shares. At 8:21:40 a buy sweep of 11,166 shares went through 17 price levels, from $16.00 to $16.23. At 8:22 it hit $17.46 on 135,187 shares, the heaviest minute of the pre-market. Then it faded to $15.66 by 8:27.
It built back slowly. At 8:35 a.m. it hit $17.71, the high so far, on 110,248 shares. Within three minutes it was back at $16.57. By 9:00 it was at $15.12, and by 9:09 it had slipped to $14.56.
At 9:12 a.m. Benzinga ran: “Corvex Stock Rockets 43% After Announcing 5x Data Center Capacity Expansion”. The stock was near $15 then, and it stayed between about $14.60 and $15.40 until the bell. In all, 2.61 million shares traded before the open. That is about 16% of the float.
The open at $15.00
It opened at $15.00, up 31% from the previous close. The first minute went to $14.38 and closed at $14.39, and it didn't get back to $15 in the next minutes. By 9:32 it was at $14.08.
Stop It's 9:33. MOVE is at $14.15, down from the $15.00 open and well under the $17.71 high. Would you buy this dip?
Press play: the real Level 2, time and sales and chart stop at 9:33 a.m. ET for your call, then show what happened. The clip starts at 9:30 a.m. ET.
It kept falling. At 9:33:17 a sell sweep of 16,571 shares went through 28 levels, from $14.10 to $13.80. At 9:33:47 another sold 14,961 shares from $13.55 to $13.25, across 20 levels. The 9:33 minute traded 78,116 shares and closed at $13.61.
At 9:35:31 a third sell sweep took 15,878 shares from $13.08 to $12.80, across 17 levels. The 9:35 minute hit $12.50 on 99,088 shares, the biggest minute of the regular session. By 9:40 the low was $12.00.
Down to $11 and a long chop
From 9:42 to 10 a.m. it bounced between about $11.57 and $12.40. Selling came again at 10:07, when a sell sweep of 11,625 shares ran from $11.57 to $11.33 across 22 levels. At 10:36:53 another took 13,798 shares from $11.05 to $10.90, across 14 levels.
At 10:51 a.m. it traded $10.83 on 18,890 shares. After that it spent hours between roughly $10.94 and $11.60, mostly on a few hundred to a few thousand shares a minute.
At 12:59 p.m. Schaeffers Research ran: “3 Trending Stocks Suffering Steep Midday Slides”. At 1:00 p.m. it pushed to $11.74, a lower high far under the $17.71 top. By 1:08 it was back at $11.25.
The close and after hours
The afternoon was thin. At 3:12 p.m. it dipped to $10.75 on 10,895 shares. The low of the regular session was $10.70 at 3:45 p.m. In the last three minutes, 34,393 shares traded around $11.00, and it closed at $11.00, 38% below the $17.71 high and 4% under the previous close.
After hours it drifted lower, to $10.19 by 7:46 p.m. That was the low of the whole day. 61,419 shares traded after the bell.
The regular session traded 1.45 million shares. Pre-market had traded 2.61 million. The whole day was 4.13 million shares, about a quarter of the float and about 15 times normal volume. There were no halts.
What to take from it
- On this day, most of the volume came before the open. Pre-market traded 2.61 million shares; the regular session traded 1.45 million. The best prices were already behind it at 9:30.
- On this day, the open came well below the high and kept sliding. It opened at $15.00 against a $17.71 high, and $12.50 printed in the 9:35 minute.
- The next push stopped lower. $17.71 at 8:35 a.m., then $11.74 at 1:00 p.m. By the close the stock was under the previous close.
Why it ran
News and SEC filings for MOVE published between the previous session's close and the first minute MOVE traded 20% above it, at 7:45 a.m. ET, newest first, from the same feeds the replay shows.
-
Corvex Announces Significant Data Center Expansion; Increasing Current Capacity 5x with Contracted Path to 13x
News via Stock News API
How it traded
Gap and fade. It gapped up 30.5% to 15.00 at the open and traded below the open by 4:00 p.m., at 11.00.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:45 a.m. | News (PRNewsWire): Corvex Announces Significant Data Center Expansion; Increasing Current Capacity 5x with Contracted Path to 13x | |
| 7:45 a.m. | First trade 20% above the previous close of 11.49 | |
| 8:35 a.m. | Pre-market high, 17.71 | |
| 8:35 a.m. | High of the day to the close, 17.71 | |
| 9:30 a.m. | The open: 15.00, up 30.5% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 11.00, 37.9% 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 less than a minute after the latest news item before it (PRNewsWire, 7:45 a.m.).
- Volume, from the one-minute bars: 2.61 million shares before the 9:30 a.m. open (63%), 783,417 in the first 30 minutes (19%), and 729,731 in the rest of the day to 8 p.m. (18%).
- Other days MOVE met the small-cap rule in our recaps: 1, the latest on August 4, 2026.
Halts
The exchange's halt feed shows no halts for MOVE 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 MOVE 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.