Hindsight Markets Small-cap stocks on September 24, 2026
FOFO on September 24, 2026: why it ran
On September 24, 2026, FOFO opened up 1.7% from the previous close of 1.76 and reached 2.90 at 3:12 p.m. ET. The exchange halted it once.
- Previous close
- 1.76
- Open, 9:30 a.m.
- 1.79
- Gap at the open
- up 1.7%
- Pre-market high
- 1.82 at 7:28 a.m.
- High, 4 a.m. to 4 p.m.
- 2.90 at 3:12 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.79
- After-hours high, 4 p.m. to 8 p.m.
- 3.31 at 4:11 p.m.
- Last trade before 4:00 p.m.
- 2.43
- Volume
- 3.91 million
- Relative volume
- 479.0x
- Float
- 1.68 million shares, from filings as of September 24, 2026
- Shares outstanding
- 3.57 million
Replay FOFO's day
It starts at 3:44 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:47 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: the afternoon
- Halted once
- Ask walls
- Lower high
- After-hours spike
- Low-float
Pre-market and a quiet morning
The previous close was $1.76. The first pre-market trades were at $1.81 at 7:28 a.m. The pre-market high was $1.82. Only 220 shares traded before the bell.
The open was $1.79 at 9:30. For the next four hours the stock barely moved. Many minutes had no trades at all. It sat between about $1.84 and $1.98, and by 1:50 p.m. it traded at $1.99.
The afternoon build
At 1:56 p.m. it traded $2.00, on 1,878 shares. By 2:03 p.m. it reached $2.15. Then it slipped back. It traded $1.96 at 2:28 p.m. and $2.00 at 2:40 p.m.
A second push started at 2:53 p.m. It went from $2.08 to $2.20 by 2:59 p.m. At 3:01 p.m. the minute traded at $2.20, on 718 shares. Volume was still small.
The halt at 3:02
In the 3:02 p.m. minute the price jumped from $2.20 to $2.62. 7,340 shares traded. It was halted at 3:02:46 (a volatility pause) with the last trade at $2.62.
It reopened at 3:07:46 at $2.62. A single trade of 18,212 shares printed at $2.62 on the reopen. In the 3:07 minute 61,806 shares traded, more than in the whole day before 3:02.
Walls above the price
Soon after the reopen, large ask walls showed up on the book. At 3:08:21 there were sellers at $2.91. The wall peaked at 26,800 shares (1.6% of the float) and was pulled at 3:11:41. Another at $3.05 was first seen at 3:08:32. By 3:11:36 it showed 24,800 shares.
The price reached $2.78 at 3:08, fell to $2.30 in the 3:09 minute, then worked back up, closing the 3:10 minute at $2.70.
Stop It's 3:12. FOFO is at $2.69. A wall of about 24,800 shares has sat at $3.05 since 3:08, and a new wall just appeared at $2.94. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:12 p.m. ET for your call, then show what happened. The clip starts at 3:09 p.m. ET.
In the 3:12 minute it hit $2.90, the regular-session high so far. A wall at $2.94 had been up for just over a minute and was pulled at 3:12:43. A $3.05 wall went at 3:12:46.
At 3:12:48 a sell order for 12,950 shares ran from $2.88 down to $2.77 across 12 levels in about 50 milliseconds. New walls were first seen at $3.02 (3:12:47) and $3.11 (3:12:48).
The wall at $3.02
The wall at $3.02 was first seen at 3:12:47. It peaked at 26,596 shares at 3:22:25, 1.6% of the float. The stock itself drifted down to $2.41 at 3:20 and $2.43 at 3:21.
Stop It's 3:24. FOFO is at $2.62. The $3.02 wall showed 26,596 shares at 3:22:25, and the high so far is $2.90. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 3:24 p.m. ET for your call, then show what happened. The clip starts at 3:21 p.m. ET.
It pushed to $2.80 at 3:24, a lower high under $2.90. At 3:25:00 the $3.02 wall was pulled. The size left the book without trading there. A new ask wall at $3.18 was first seen in the same second. It later peaked at 24,600 shares at 3:55:41.
The price did not follow. It traded $2.72 in the 3:25 minute, and a 12,565-share sell swept $2.56 to $2.46 at 3:27:46. By 3:33 it was at $2.22.
The close
The afternoon faded into a range of about $2.22 to $2.49. A push to $2.49 came at 3:55 p.m. It closed the regular session near $2.43 (the 3:59 minute closed at $2.43).
By the close, 1.33 million shares had traded in the regular session. The float is 1.68 million shares.
After hours
The stock moved again after the bell. In the 4:01 minute it went from $2.45 to $2.73. At 4:02 it hit $3.27, on 316,773 shares in one minute. The high of the day, $3.31, came at 4:11 p.m.
It then faded in steps. It traded $2.67 at 4:18, $2.91 at 4:22, $2.28 by 4:59 and mostly between $2.25 and $2.40 from 5 p.m. to 6:50 p.m., with a spike to $2.50 at 5:34. At 6:56 p.m. it dropped to $2.18, and it held around $2.18 to $2.20 for a while. A bounce to $2.47 came at 7:54 p.m. The last bar at 7:59 p.m. was $2.40.
After hours, 2.58 million shares traded. That is nearly twice the regular session's volume. The whole day came to 3.91 million shares.
What to take from it
- A wall can disappear without a single trade. The $3.02 wall was pulled at 3:25:00 and the price did not follow it up.
- Reopens and breakouts can be liquid or thin. The 3:07 reopen filled at the screen price. The $2.90 high showed only 32 shares at the screen price.
- After hours can move more than the regular session. The day's high of $3.31 came at 4:11 p.m., after the close.
Why it ran
News and SEC filings for FOFO published between the previous session's close and the first minute FOFO traded 20% above it, at 2:00 p.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 1.7% at 1.79, then ran from the open to the high of 2.90 in 342 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:28 a.m. | Pre-market high, 1.82 | |
| 9:30 a.m. | The open: 1.79, up 1.7% from the previous close | |
| 2:00 p.m. | First trade 20% above the previous close of 1.76 | |
| 3:02 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:07 p.m. | |
| 3:12 p.m. | High of the day to the close, 2.90 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.43, 16.2% below the high | |
| 4:03 p.m. | Volume since 4:00 a.m. passes the whole float, 1.68 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
- Volume, from the one-minute bars: 220 shares before the 9:30 a.m. open (0%), 38 in the first 30 minutes (0%), and 3.91 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.68 million shares: past it once at 4:03 p.m., twice at 4:28 p.m.
- The halt at 3:02 p.m.: up 21.9% in the 5 minutes into it, reopened at 2.62, unchanged from the last trade before it, then up 1.5% over the next 5 minutes.
- In our recaps, this is the only day FOFO met the small-cap rule.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 3:02 p.m. | 3:07 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 FOFO on September 24, 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.