Hindsight Markets / Small-cap stocks on September 3, 2026

TRBG on September 3, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On September 3, 2026, TRBG opened up 4.1% from the previous close of 11.52 and reached 33.99 at 11:25 a.m. ET. The exchange halted it 12 times.

Previous close

11.52

Open, 9:30 a.m.

11.99

Gap at the open

up 4.1%

Pre-market high

13.10 at 7:37 a.m.

High, 4 a.m. to 4 p.m.

33.99 at 11:25 a.m.

Low, 4 a.m. to 4 p.m.

10.00

After-hours high, 4 p.m. to 8 p.m.

18.20 at 4:03 p.m.

Last trade before 4:00 p.m.

11.79

Volume

403,433

Relative volume

5919.8x

Float

8.34 million shares, from filings as of September 3, 2026

Shares outstanding

23.39 million

Halts

12

Why it ran

News and SEC filings for TRBG published between the previous session's close and the first minute TRBG traded 20% above it, at 10:21 a.m. ET, newest first, from the same feeds the replay shows.

No news found before the move.

How it traded

Intraday run. It opened up 4.1% at 11.99, then ran from the open to the high of 33.99 in 115 minutes through 5 halts.

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: 54 shares before the 9:30 a.m. open (0%), 2,676 in the first 30 minutes (1%), and 400,703 in the rest of the day to 8 p.m. (99%).
• The halt at 9:47 a.m.: up 13.0% in the 5 minutes into it, reopened at 13.48, up 13.6% from the last trade before it, then down 7.4% over the next 5 minutes.
• The halt at 10:24 a.m.: up 11.3% in the 5 minutes into it, reopened at 17.49, up 20.0% from the last trade before it, then up 5.1% over the next 5 minutes.
• The halt at 10:43 a.m.: up 26.1% in the 5 minutes into it, reopened at 16.73, down 9.0% from the last trade before it, then up 17.8% over the next 5 minutes.
• The halt at 10:49 a.m.: up 7.2% in the 5 minutes into it, reopened at 22.30, up 13.1% from the last trade before it, then up 10.0% over the next 5 minutes.
• The halt at 11:00 a.m.: up 24.5% in the 5 minutes into it, reopened at 30.90, up 26.0% from the last trade before it, then down 11.4% over the next 5 minutes.
• The halt at 11:26 a.m.: up 11.7% in the 5 minutes into it, reopened at 25.00, down 8.7% from the last trade before it.
• The halt at 11:36 a.m.: down 17.9% in the 5 minutes into it, reopened at 20.16, down 10.4% from the last trade before it, then down 12.5% over the next 5 minutes.
• The halt at 11:50 a.m.: down 21.6% in the 5 minutes into it, reopened at 16.35, down 7.3% from the last trade before it, then up 11.7% over the next 5 minutes.
• The halt at 12:01 p.m.: up 3.6% in the 5 minutes into it, reopened at 18.65, up 2.1% from the last trade before it, then down 4.4% over the next 5 minutes.
• The halt at 12:38 p.m.: down 13.3% in the 5 minutes into it, reopened at 13.61, down 10.3% from the last trade before it, then up 5.4% over the next 5 minutes.
• The halt at 1:10 p.m.: up 6.7% in the 5 minutes into it, reopened at 15.00, up 1.1% from the last trade before it, then down 2.7% over the next 5 minutes.
• The halt at 3:35 p.m.: down 12.1% in the 5 minutes into it, reopened at 11.30, down 4.4% from the last trade before it, then up 3.3% over the next 5 minutes.
• In our recaps, this is the only day TRBG met the small-cap rule.
• The next session, September 4, 2026, it was down 38.4% from its previous close at the 4:00 p.m. close.

Halts

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.