Hindsight Markets Small-cap stocks on September 8, 2026
BNC on September 8, 2026: why it ran
On September 8, 2026, BNC opened up 53.9% from the previous close of 3.49 and reached 6.73 at 4:21 a.m. ET. The exchange did not halt it.
- Previous close
- 3.49
- Open, 9:30 a.m.
- 5.37
- Gap at the open
- up 53.9%
- Pre-market high
- 6.73 at 4:21 a.m.
- High, 4 a.m. to 4 p.m.
- 6.73 at 4:21 a.m.
- Low, 4 a.m. to 4 p.m.
- 3.88
- After-hours high, 4 p.m. to 8 p.m.
- 5.45 at 4:21 p.m.
- Last trade before 4:00 p.m.
- 5.24
- Volume
- 35.61 million
- Relative volume
- 230.7x
- Float
- 40.30 million shares, from filings as of September 8, 2026
- Shares outstanding
- 41.17 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for BNC published between the previous session's close and the first minute BNC 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 53.9% to 5.37 at the open and traded below the open by 4:00 p.m., at 5.24.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 3.49 |
| 4:21 a.m. | Pre-market high, 6.73 |
| 4:21 a.m. | High of the day to the close, 6.73 |
| 9:30 a.m. | The open: 5.37, up 53.9% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 5.24, 22.1% 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: 22.28 million shares before the 9:30 a.m. open (63%), 3.02 million in the first 30 minutes (8%), and 10.31 million in the rest of the day to 8 p.m. (29%).
- In our recaps, this is the only day BNC met the small-cap rule.
Halts
The exchange's halt feed shows no halts for BNC 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 BNC on September 8, 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.