Hindsight Markets Small-cap stocks on September 2, 2026
SGLD on September 2, 2026: why it ran
On September 2, 2026, SGLD opened up 175.0% from the previous close of 5.08 and reached 32.02 at 4:03 a.m. ET. The exchange halted it 2 times.
- Previous close
- 5.08
- Open, 9:30 a.m.
- 13.97
- Gap at the open
- up 175.0%
- Pre-market high
- 32.02 at 4:03 a.m.
- High, 4 a.m. to 4 p.m.
- 32.02 at 4:03 a.m.
- Low, 4 a.m. to 4 p.m.
- 6.85
- After-hours high, 4 p.m. to 8 p.m.
- 8.41 at 4:05 p.m.
- Last trade before 4:00 p.m.
- 7.25
- Volume
- 6.27 million
- Relative volume
- 102.0x
- Float
- not available
- Shares outstanding
- not available
Why it ran
News and SEC filings for SGLD published between the previous session's close and the first minute SGLD traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap and fade. It gapped up 175.0% to 13.97 at the open and traded below the open by 4:00 p.m., at 7.25.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 5.08 |
| 4:03 a.m. | Pre-market high, 32.02 |
| 4:03 a.m. | High of the day to the close, 32.02 |
| 9:30 a.m. | The open: 13.97, up 175.0% from the previous close |
| 9:34 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:50 p.m. |
| 2:50 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:00 p.m. |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 7.25, 77.4% 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: 3.33 million shares before the 9:30 a.m. open (53%), 255,631 in the first 30 minutes (4%), and 2.68 million in the rest of the day to 8 p.m. (43%).
- The halt at 9:34 a.m.: down 16.5% in the 5 minutes into it, reopened at 9.73, down 16.6% from the last trade before it.
- The halt at 2:50 p.m.: down 24.8% in the 5 minutes into it, reopened at 8.00, down 8.8% from the last trade before it, then unchanged over the next 5 minutes.
- Other days SGLD met the small-cap rule in our recaps: 1, the latest on September 1, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:34 a.m. | 2:50 p.m. | 315 min 21 s | LULD pause (limit up-limit down) |
| 2:50 p.m. | 3:00 p.m. | 10 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 SGLD on September 2, 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.