Hindsight Markets Small-cap stocks on September 15, 2026
WAFU on September 15, 2026: why it ran
On September 15, 2026, WAFU opened up 2.2% from the previous close of 1.37 and reached 1.40 at 9:30 a.m. ET. The exchange did not halt it.
- Previous close
- 1.37
- Open, 9:30 a.m.
- 1.40
- Gap at the open
- up 2.2%
- Pre-market high
- 1.34 at 8:40 a.m.
- High, 4 a.m. to 4 p.m.
- 1.40 at 9:30 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.32
- After-hours high, 4 p.m. to 8 p.m.
- 3.25 at 4:39 p.m.
- Last trade before 4:00 p.m.
- 1.39
- Volume
- 13.19 million
- Relative volume
- 535.8x
- Float
- 1.43 million shares, from filings as of September 15, 2026
- Shares outstanding
- 2.92 million
- Halts
- none in the halt feed
Replay WAFU's day
It starts at 3:54 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:57 p.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Main move: after hours
- Low float
- Catalyst: press release after the close
- Thin regular session
- After-hours run
Pre-market: a few shares near $1.33
The previous close was $1.37. The first pre-market trades were at 5:46 a.m., around $1.33. After that it traded only a handful of shares a few times.
The pre-market high was $1.34 at 8:40 a.m. Just 116 shares traded before the bell.
The open at $1.40
It opened at $1.40, up 2% from the previous close. The 9:30 minute was the busiest of the regular session, with 3,390 shares. It touched $1.36 in that same minute and closed it at $1.40.
It touched $1.40 at 9:30. Through 3:55 p.m. it traded between $1.35 and $1.38, with long gaps between trades. The low since the open was $1.35 at 12:28, on a single share.
The rest of the regular session
Most minutes had no trades at all.
Stop It's 3:55. WAFU is at $1.37, the same as yesterday's close. After the $1.40 open it has stayed between $1.35 and $1.38, with long gaps between trades. Only about 3,950 shares have traded in the regular session so far, most of them in the first minute. There are five minutes left before the close. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:55 p.m. ET for your call, then show what happened. The clip starts at 3:52 p.m. ET.
Two of the last minutes were busier: 300 shares at 3:58 p.m. and 346 at 3:59 p.m., when it ticked up to $1.39.
It closed at $1.39, up 1% on the day. 4,599 shares traded in the regular session. Normal volume for WAFU is tiny, about 25,000 shares a day, and the float is 1.43 million shares.
4:01 p.m.: the headline
The news came after the close. At 4:01 p.m. GlobeNewsWire ran: “Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project Successfully Passes Review for Hangzhou's Local Innovation‑and‑Entrepreneurship Project.”
The 4:01 minute opened at $1.44, touched $1.80 and closed at $1.73, on 49,549 shares. The next minute traded 185,127 shares. At 4:03 it touched $1.85.
By 4:09 p.m., more shares had traded than exist in the whole float (1.43 million).
The after-hours run to $3.25
It didn't go straight up. It dipped to $1.62 at 4:04, then climbed to $2.14 at 4:07. At 4:11 it jumped from $2.11 to $2.88, and the next minute reached $2.98.
From 4:12 to 4:38 it chopped between about $2.10 and $2.98. Then, in the 4:39 p.m. minute, it hit $3.25, the high of the day. That was up 134% from the $1.39 at 4:00 p.m.
It didn't hold. By 4:42 it was at $2.56, and it was $2.45 at 5:00 p.m. From there it drifted lower, to $1.85 by the end of the 5:53 p.m. minute. It traded between about $1.67 and $1.92 through the evening, and the last bar, at 7:59 p.m., closed at $1.74.
After hours, 13,182,163 shares traded. That is about nine times the float, in a stock that did 4,599 shares in the regular session. Relative volume for the whole day was about 536 times normal.
What to take from it
- A quiet regular session can hide the day's real move. WAFU traded 4,599 shares from 9:30 to 4:00 and 13.2 million after hours.
- A headline came out at 4:01 p.m., and a thin stock traded far higher in that same minute. It went from $1.39 at 4:00 p.m. to $1.80 in the 4:01 minute.
- The high after hours was not where it stayed. It reached $3.25 at 4:39 p.m. and was at $1.74 by 7:59 p.m.
Why it ran
News and SEC filings for WAFU published between the previous session's close and the first minute WAFU traded 20% above it, at 4:01 p.m. ET, newest first, from the same feeds the replay shows.
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Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project Successfully Passes Review for Hangzhou's Local Innovation‑and‑Entrepreneurship Project
News via Stock News API
How it traded
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:40 a.m. | Pre-market high, 1.34 | |
| 9:30 a.m. | The open: 1.40, up 2.2% from the previous close | |
| 9:30 a.m. | High of the day to the close, 1.40 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.39, 0.7% below the high | |
| 4:01 p.m. | News (GlobeNewsWire): Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project Successfully Passes Review for Hangzhou's Local Innovation‑and‑Entrepreneurship Project | |
| 4:01 p.m. | First trade 20% above the previous close of 1.37 | |
| 4:09 p.m. | Volume since 4:00 a.m. passes the whole float, 1.43 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 less than a minute after the latest news item before it (GlobeNewsWire, 4:01 p.m.).
- Volume, from the one-minute bars: 116 shares before the 9:30 a.m. open (0%), 3,514 in the first 30 minutes (0%), and 13.18 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.43 million shares: past it once at 4:09 p.m., twice at 4:13 p.m., three times at 4:18 p.m.
- Other days WAFU met the small-cap rule in our recaps: 5, the latest on September 23, 2026.
Halts
The exchange's halt feed shows no halts for WAFU 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 WAFU 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.