Hindsight Markets Small-cap stocks on September 10, 2026
PCLA on September 10, 2026: why it ran
On September 10, 2026, PCLA opened up 23.3% from the previous close of 7.42 and reached 10.78 at 10:12 a.m. ET. The exchange did not halt it.
- Previous close
- 7.42
- Open, 9:30 a.m.
- 9.15
- Gap at the open
- up 23.3%
- Pre-market high
- 10.36 at 4:13 a.m.
- High, 4 a.m. to 4 p.m.
- 10.78 at 10:12 a.m.
- Low, 4 a.m. to 4 p.m.
- 8.15
- After-hours high, 4 p.m. to 8 p.m.
- 10.15 at 7:59 p.m.
- Last trade before 4:00 p.m.
- 9.71
- Volume
- 2.93 million
- Relative volume
- 16.6x
- Float
- 1.05 million shares, from filings as of September 10, 2026
- Shares outstanding
- 4.15 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for PCLA published between the previous session's close and the first minute PCLA 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, run and fade. It gapped up 23.3% to 9.15 at the open, ran from the open to the high of 10.78 in 42 minutes, then gave back 66% of that move by 4:00 p.m., trading at 9.71.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 7.42 |
| 4:13 a.m. | Pre-market high, 10.36 |
| 9:30 a.m. | The open: 9.15, up 23.3% from the previous close |
| 9:32 a.m. | Volume since 4:00 a.m. passes the whole float, 1.05 million shares |
| 10:12 a.m. | High of the day to the close, 10.78 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 9.71, 9.9% 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
- Volume, from the one-minute bars: 934,407 shares before the 9:30 a.m. open (32%), 275,402 in the first 30 minutes (9%), and 1.72 million in the rest of the day to 8 p.m. (59%).
- Float rotation, the volume since 4 a.m. against the float of 1.05 million shares: past it once at 9:32 a.m., twice at 10:55 a.m.
- Other days PCLA met the small-cap rule in our recaps: 3, the latest on September 11, 2026.
- The next session, September 11, 2026, it was up 3.8% from its previous close at the 4:00 p.m. close.
Halts
The exchange's halt feed shows no halts for PCLA 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 PCLA on September 10, 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.