Hindsight Markets Small-cap stocks on September 11, 2026
FTFT on September 11, 2026: why it ran
On September 11, 2026, FTFT opened up 36.9% from the previous close of 2.03 and reached 3.39 at 9:38 a.m. ET. The exchange did not halt it.
- Previous close
- 2.03
- Open, 9:30 a.m.
- 2.78
- Gap at the open
- up 36.9%
- Pre-market high
- 2.97 at 9:19 a.m.
- High, 4 a.m. to 4 p.m.
- 3.39 at 9:38 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.00
- After-hours high, 4 p.m. to 8 p.m.
- 2.99 at 5:16 p.m.
- Last trade before 4:00 p.m.
- 2.85
- Volume
- 13.96 million
- Relative volume
- 6.9x
- Float
- 7.47 million shares, from filings as of September 11, 2026
- Shares outstanding
- 8.06 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for FTFT published between the previous session's close and the first minute FTFT traded 20% above it, at 7:18 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 36.9% to 2.78 at the open, ran from the open to the high of 3.39 in 8 minutes, then gave back 89% of that move by 4:00 p.m., trading at 2.85.
| Time (ET) | What happened |
|---|---|
| 7:18 a.m. | First trade 20% above the previous close of 2.03 |
| 9:19 a.m. | Pre-market high, 2.97 |
| 9:30 a.m. | The open: 2.78, up 36.9% from the previous close |
| 9:38 a.m. | High of the day to the close, 3.39 |
| 9:50 a.m. | Volume since 4:00 a.m. passes the whole float, 7.47 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.85, 15.9% 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: 3.52 million shares before the 9:30 a.m. open (25%), 4.70 million in the first 30 minutes (34%), and 5.74 million in the rest of the day to 8 p.m. (41%).
- Float rotation, the volume since 4 a.m. against the float of 7.47 million shares: past it once at 9:50 a.m.
- Other days FTFT met the small-cap rule in our recaps: 5, the latest on September 23, 2026.
- The next session, September 14, 2026, it was up 179.5% from its previous close at the 4:00 p.m. close.
Halts
The exchange's halt feed shows no halts for FTFT 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 FTFT on September 11, 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.