Hindsight Markets Small-cap stocks on September 8, 2026
ORBS on September 8, 2026: why it ran
On September 8, 2026, ORBS opened up 9.1% from the previous close of 0.9036 and reached 1.20 at 2:43 p.m. ET. The exchange did not halt it.
- Previous close
- 0.9036
- Open, 9:30 a.m.
- 0.9859
- Gap at the open
- up 9.1%
- Pre-market high
- 1.02 at 4:05 a.m.
- High, 4 a.m. to 4 p.m.
- 1.20 at 2:43 p.m.
- Low, 4 a.m. to 4 p.m.
- 0.9600
- After-hours high, 4 p.m. to 8 p.m.
- 1.17 at 4:52 p.m.
- Last trade before 4:00 p.m.
- 1.14
- Volume
- 7.71 million
- Relative volume
- 1.8x
- Float
- 326.90 million shares, from filings as of September 8, 2026
- Shares outstanding
- 429.78 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for ORBS published between the previous session's close and the first minute ORBS traded 20% above it, at 10:53 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 9.1% at 0.9859, then ran from the open to the high of 1.20 in 313 minutes.
| Time (ET) | What happened |
|---|---|
| 4:05 a.m. | Pre-market high, 1.02 |
| 9:30 a.m. | The open: 0.9859, up 9.1% from the previous close |
| 10:53 a.m. | First trade 20% above the previous close of 0.9036 |
| 2:43 p.m. | High of the day to the close, 1.20 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.14, 5.0% 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
- Volume, from the one-minute bars: 441,595 shares before the 9:30 a.m. open (6%), 533,790 in the first 30 minutes (7%), and 6.74 million in the rest of the day to 8 p.m. (87%).
- In our recaps, this is the only day ORBS met the small-cap rule.
Halts
The exchange's halt feed shows no halts for ORBS 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 ORBS 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.