Hindsight Markets Small-cap stocks on September 15, 2026
FBDT on September 15, 2026: why it ran
On September 15, 2026, FBDT opened up 4.4% from the previous close of 0.6411 and reached 1.25 at 1:55 p.m. ET. The exchange halted it 2 times.
- Previous close
- 0.6411
- Open, 9:30 a.m.
- 0.6690
- Gap at the open
- up 4.4%
- Pre-market high
- 0.6800 at 8:09 a.m.
- High, 4 a.m. to 4 p.m.
- 1.25 at 1:55 p.m.
- Low, 4 a.m. to 4 p.m.
- 0.6380
- After-hours high, 4 p.m. to 8 p.m.
- 1.00 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 0.9909
- Volume
- 23.57 million
- Relative volume
- 53.7x
- Float
- 22.80 million shares, from filings as of September 15, 2026
- Shares outstanding
- 55.78 million
Why it ran
News and SEC filings for FBDT published between the previous session's close and the first minute FBDT traded 20% above it, at 10:11 a.m. ET, newest first, from the same feeds the replay shows.
-
First Breach Secures Federal Explosives License for Attritible Drone Manufacturing
News via Stock News API
How it traded
Intraday run. It opened up 4.4% at 0.6690, then ran from the open to the high of 1.25 in 265 minutes through a halt.
| Time (ET) | What happened |
|---|---|
| 8:09 a.m. | Pre-market high, 0.6800 |
| 8:31 a.m. | News (Accesswire): First Breach Secures Federal Explosives License for Attritible Drone Manufacturing |
| 9:30 a.m. | The open: 0.6690, up 4.4% from the previous close |
| 10:11 a.m. | First trade 20% above the previous close of 0.6411 |
| 1:34 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:39 p.m. |
| 1:55 p.m. | High of the day to the close, 1.25 |
| 2:06 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:11 p.m. |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.9909, 20.7% below the high |
| 4:58 p.m. | Volume since 4:00 a.m. passes the whole float, 22.80 million shares |
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 hour 40 minutes after the latest news item before it (Accesswire, 8:31 a.m.).
- Volume, from the one-minute bars: 24,912 shares before the 9:30 a.m. open (0%), 68,886 in the first 30 minutes (0%), and 23.47 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 22.80 million shares: past it once at 4:58 p.m.
- The halt at 1:34 p.m.: up 24.1% in the 5 minutes into it, reopened at 1.08, unchanged from the last trade before it, then down 9.6% over the next 5 minutes.
- The halt at 2:06 p.m.: down 12.3% in the 5 minutes into it, reopened at 0.9998, unchanged from the last trade before it, then down 6.0% over the next 5 minutes.
- In our recaps, this is the only day FBDT met the small-cap rule.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 1:34 p.m. | 1:39 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:06 p.m. | 2:11 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
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 FBDT on September 15, 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.