Hindsight Markets Small-cap stocks on September 14, 2026
ELMT on September 14, 2026: why it ran
On September 14, 2026, ELMT opened up 38.1% from the previous close of 16.19 and reached 25.03 at 10:39 a.m. ET. The exchange did not halt it.
- Previous close
- 16.19
- Open, 9:30 a.m.
- 22.36
- Gap at the open
- up 38.1%
- Pre-market high
- 24.63 at 7:15 a.m.
- High, 4 a.m. to 4 p.m.
- 25.03 at 10:39 a.m.
- Low, 4 a.m. to 4 p.m.
- 16.17
- After-hours high, 4 p.m. to 8 p.m.
- 22.15 at 4:41 p.m.
- Last trade before 4:00 p.m.
- 21.48
- Volume
- 6.80 million
- Relative volume
- 41.1x
- Float
- 22.50 million shares, from filings as of September 14, 2026
- Shares outstanding
- 30.46 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for ELMT published between the previous session's close and the first minute ELMT traded 20% above it, at 5:17 a.m. ET, newest first, from the same feeds the replay shows.
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The Elmet Group to Deploy Strategic Capital to Strengthen U.S. and Allied Tungsten Supply Chain
-
Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America's Tungsten Supply Chain
News via Stock News API
How it traded
Gap, run and fade. It gapped up 38.1% to 22.36 at the open, ran from the open to the high of 25.03 in 69 minutes, then gave back 133% of that move by 4:00 p.m., trading at 21.48.
| Time (ET) | What happened |
|---|---|
| 5:15 a.m. | News (GlobeNewsWire): Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America's Tungsten Supply Chain |
| 5:16 a.m. | News (GlobeNewsWire): The Elmet Group to Deploy Strategic Capital to Strengthen U.S. and Allied Tungsten Supply Chain |
| 5:17 a.m. | First trade 20% above the previous close of 16.19 |
| 7:15 a.m. | Pre-market high, 24.63 |
| 9:30 a.m. | The open: 22.36, up 38.1% from the previous close |
| 10:39 a.m. | High of the day to the close, 25.03 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 21.48, 14.2% 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
- From news to the move: the first trade 20% above the previous close came 1 minute after the latest news item before it (GlobeNewsWire, 5:16 a.m.).
- Volume, from the one-minute bars: 2.43 million shares before the 9:30 a.m. open (36%), 896,856 in the first 30 minutes (13%), and 3.48 million in the rest of the day to 8 p.m. (51%).
- In our recaps, this is the only day ELMT met the small-cap rule.
Halts
The exchange's halt feed shows no halts for ELMT 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 ELMT on September 14, 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.