Hindsight Markets Small-cap stocks on September 25, 2026
WATR on September 25, 2026: why it ran
On September 25, 2026, WATR opened up 4.0% from the previous close of 1.77 and reached 2.33 at 1:40 p.m. ET. The exchange did not halt it.
- Previous close
- 1.77
- Open, 9:30 a.m.
- 1.84
- Gap at the open
- up 4.0%
- Pre-market high
- 1.85 at 6:16 a.m.
- High, 4 a.m. to 4 p.m.
- 2.33 at 1:40 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.73
- After-hours high, 4 p.m. to 8 p.m.
- 1.90 at 4:15 p.m.
- Last trade before 4:00 p.m.
- 1.89
- Volume
- 289,528
- Relative volume
- 5.7x
- Float
- 18.05 million shares, from filings as of September 25, 2026
- Shares outstanding
- 31.64 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for WATR published between the previous session's close and the first minute WATR traded 20% above it, at 1:37 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 4.0% at 1.84, then ran from the open to the high of 2.33 in 250 minutes.
| Time (ET) | What happened |
|---|---|
| 6:16 a.m. | Pre-market high, 1.85 |
| 9:30 a.m. | The open: 1.84, up 4.0% from the previous close |
| 1:37 p.m. | First trade 20% above the previous close of 1.77 |
| 1:40 p.m. | High of the day to the close, 2.33 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.89, 18.9% 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: 322 shares before the 9:30 a.m. open (0%), 2,420 in the first 30 minutes (1%), and 286,786 in the rest of the day to 8 p.m. (99%).
Halts
The exchange's halt feed shows no halts for WATR 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 WATR on September 25, 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.