Hindsight Markets Small-cap stocks on September 22, 2026
IMCC on September 22, 2026: why it ran
On September 22, 2026, IMCC opened up 46.2% from the previous close of 3.08 and reached 6.43 at 5:27 a.m. ET. The exchange did not halt it.
- Previous close
- 3.08
- Open, 9:30 a.m.
- 4.51
- Gap at the open
- up 46.2%
- Pre-market high
- 6.43 at 5:27 a.m.
- High, 4 a.m. to 4 p.m.
- 6.43 at 5:27 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.90
- After-hours high, 4 p.m. to 8 p.m.
- 4.33 at 6:46 p.m.
- Last trade before 4:00 p.m.
- 4.18
- Volume
- 13.45 million
- Relative volume
- 5.9x
- Float
- 554,524 shares, from filings as of September 22, 2026
- Shares outstanding
- 603,922
- Halts
- none in the halt feed
Why it ran
News and SEC filings for IMCC published between the previous session's close and the first minute IMCC traded 20% above it, at 5:04 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 46.2% to 4.51 at the open, ran from the open to the high of 5.70 in 347 minutes, then gave back 128% of that move by 4:00 p.m., trading at 4.18.
| Time (ET) | What happened |
|---|---|
| 5:04 a.m. | First trade 20% above the previous close of 3.08 |
| 5:09 a.m. | Volume since 4:00 a.m. passes the whole float, 554,524 shares |
| 5:27 a.m. | Pre-market high, 6.43 |
| 5:27 a.m. | High of the day to the close, 6.43 |
| 9:30 a.m. | The open: 4.51, up 46.2% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 4.18, 35.0% 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: 7.13 million shares before the 9:30 a.m. open (53%), 1.48 million in the first 30 minutes (11%), and 4.84 million in the rest of the day to 8 p.m. (36%).
- Float rotation, the volume since 4 a.m. against the float of 554,524 shares: past it once at 5:09 a.m., twice at 5:12 a.m., three times at 5:16 a.m.
- Other days IMCC met the small-cap rule in our recaps: 3, the latest on September 24, 2026.
- The next session, September 23, 2026, it was down 29.7% from its previous close at the 4:00 p.m. close.
Halts
The exchange's halt feed shows no halts for IMCC 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 IMCC on September 22, 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.