Hindsight Markets Small-cap stocks on September 17, 2026
MNOV on September 17, 2026: why it ran
On September 17, 2026, MNOV opened up 12.7% from the previous close of 2.52 and reached 3.90 at 9:58 a.m. ET. The exchange did not halt it.
- Previous close
- 2.52
- Open, 9:30 a.m.
- 2.84
- Gap at the open
- up 12.7%
- Pre-market high
- 2.90 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 3.90 at 9:58 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.61
- After-hours high, 4 p.m. to 8 p.m.
- 3.73 at 7:40 p.m.
- Last trade before 4:00 p.m.
- 3.44
- Volume
- 2.40 million
- Relative volume
- 39.4x
- Float
- 47.81 million shares, from filings as of September 17, 2026
- Shares outstanding
- 49.22 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for MNOV published between the previous session's close and the first minute MNOV traded 20% above it, at 9:35 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 12.7% to 2.84 at the open, ran from the open to the high of 3.90 in 28 minutes, then gave back 43% of that move by 4:00 p.m., trading at 3.44.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | Pre-market high, 2.90 |
| 9:30 a.m. | The open: 2.84, up 12.7% from the previous close |
| 9:35 a.m. | First trade 20% above the previous close of 2.52 |
| 9:58 a.m. | High of the day to the close, 3.90 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 3.44, 11.7% 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: 27,519 shares before the 9:30 a.m. open (1%), 904,738 in the first 30 minutes (38%), and 1.46 million in the rest of the day to 8 p.m. (61%).
- In our recaps, this is the only day MNOV met the small-cap rule.
Halts
The exchange's halt feed shows no halts for MNOV 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 MNOV on September 17, 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.