Hindsight Markets Small-cap stocks on September 15, 2026
IPW on September 15, 2026: why it ran
On September 15, 2026, IPW opened up 3.1% from the previous close of 1.93 and reached 4.18 at 3:06 p.m. ET. The exchange did not halt it.
- Previous close
- 1.93
- Open, 9:30 a.m.
- 1.99
- Gap at the open
- up 3.1%
- Pre-market high
- 2.09 at 8:53 a.m.
- High, 4 a.m. to 4 p.m.
- 4.18 at 3:06 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.87
- After-hours high, 4 p.m. to 8 p.m.
- 2.90 at 4:03 p.m.
- Last trade before 4:00 p.m.
- 2.59
- Volume
- 13.72 million
- Relative volume
- 194.3x
- Float
- 947,649 shares, from filings as of September 15, 2026
- Shares outstanding
- 956,733
- Halts
- none in the halt feed
Why it ran
News and SEC filings for IPW published between the previous session's close and the first minute IPW traded 20% above it, at 10:30 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 3.1% at 1.99, then ran from the open to the high of 4.18 in 336 minutes.
| Time (ET) | What happened |
|---|---|
| 8:53 a.m. | Pre-market high, 2.09 |
| 9:30 a.m. | The open: 1.99, up 3.1% from the previous close |
| 10:30 a.m. | First trade 20% above the previous close of 1.93 |
| 12:33 p.m. | Volume since 4:00 a.m. passes the whole float, 947,649 shares |
| 3:06 p.m. | High of the day to the close, 4.18 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.59, 38.0% 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: 19,446 shares before the 9:30 a.m. open (0%), 22,318 in the first 30 minutes (0%), and 13.68 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 947,649 shares: past it once at 12:33 p.m., twice at 12:40 p.m., three times at 12:51 p.m.
- Other days IPW met the small-cap rule in our recaps: 3, the latest on October 8, 2026.
Halts
The exchange's halt feed shows no halts for IPW 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 IPW 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.