Hindsight Markets Small-cap stocks on September 28, 2026
EGG on September 28, 2026: why it ran
On September 28, 2026, EGG opened up 3.7% from the previous close of 2.68 and reached 6.22 at 10:41 a.m. ET. The exchange halted it 3 times.
- Previous close
- 2.68
- Open, 9:30 a.m.
- 2.78
- Gap at the open
- up 3.7%
- Pre-market high
- 2.86 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 6.22 at 10:41 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.78
- After-hours high, 4 p.m. to 8 p.m.
- 5.14 at 7:56 p.m.
- Last trade before 4:00 p.m.
- 4.22
- Volume
- 2.39 million
- Relative volume
- 449.8x
- Float
- 8.10 million shares, from filings as of September 28, 2026
- Shares outstanding
- 12.10 million
Replay EGG's day
It starts at 10:17 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:20 a.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 morning
- No news
- Halt run
- Halted three times
- Faded into the close
Pre-market: almost nothing
The previous close was $2.68. The prior day traded just 2,057 shares.
The pre-market high was $2.86 at 4:00 a.m. Only 222 shares traded before the bell. There was no news in the data for the day.
A quiet open, then the first push
It opened at $2.78, up 4% from the previous close. Then it barely traded. At 9:40 a.m. a single minute printed $2.81 on 2 shares.
The move started at 10:06 a.m. From $2.92 it went to $3.51 at 10:08 a.m., on more than 1,000 shares a minute in the 10:07 and 10:08 minutes. It then pulled back, trading between about $2.99 and $3.29 through 10:14 a.m.
Stop It's 10:15. EGG is at $3.19 after opening the day at $2.78. It touched $3.51 at 10:08 on over 1,000 shares a minute. There is no news. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 10:15 a.m. ET for your call, then show what happened. The clip starts at 10:12 a.m. ET.
Three halts and the top
At 10:25 a.m. the minute ran from $3.60 to $4.32. At 10:25 a.m. it was halted (a volatility pause) with the last trade at $4.32. It reopened at 10:35 a.m. at $4.19, 3% below where it stopped.
The second halt came at 10:35 a.m. after a run from $4.19 to as high as $5.18. It was halted with the last trade at $5.17. It reopened at 10:40 a.m. at $5.37, 4% above where it stopped.
The 10:41 a.m. minute was the biggest of the day: 227,182 shares. At 10:41:05 one sweep bought 28,197 shares from $5.68 to $5.70 across 3 levels. The stock hit $6.22, the high of the day, up 132% from the previous close. The same minute also traded down to $4.68 and closed at $5.20.
At 10:43 a.m. it was halted (a volatility pause) with the last trade at $4.20. It reopened at 10:48 a.m. at $4.20.
The flush and the bounce
After the third reopen it fell to $3.19 at 10:53 a.m., down 49% from $6.22. Then it chopped between about $3.35 and $3.76 from 10:54 to 11:06 a.m.
At 11:08 a.m. it pushed to $4.63. A sell sweep of 19,354 shares ran from $4.63 to $4.38 across 15 levels at 11:08:34. By 11:13 a.m. the low was $3.68, down 21% from $4.63.
The rest of the day
It pushed back up through late morning, to $5.00 at 11:52 a.m. At 12:13 p.m. it pushed to $5.04, a lower high under the $6.22 top.
From there it faded: $4.03 at 12:33 p.m., then a slow range between about $4.00 and $4.55. It was $4.01 at 3:38 p.m. and $4.22 at the end of the 3:59 p.m. minute. Volume dried up after about 12:30 p.m., with many minutes under 1,000 shares.
By the close, 2.27 million shares had traded in the regular session, about 28% of the float of 8.1 million shares, at roughly 450 times normal volume. After hours it traded another 120,420 shares and reached $5.14 by 7:56 p.m.
What to take from it
- After the top, the next push stopped lower. $6.22 at 10:41 a.m., then $5.04 at 12:13 p.m.
- Reopens are thin. At the 10:41 and 10:48 reopens, a 5,000-share buy cost $730 and $1,371 more than the screen showed.
- Most of the move was gone by the close. It closed at $4.22, 32% below the $6.22 high.
Why it ran
News and SEC filings for EGG published between the previous session's close and the first minute EGG traded 20% above it, at 10:08 a.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 3.7% at 2.78, then ran from the open to the high of 6.22 in 71 minutes through two halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | Pre-market high, 2.86 | |
| 9:30 a.m. | The open: 2.78, up 3.7% from the previous close | |
| 10:08 a.m. | First trade 20% above the previous close of 2.68 | |
| 10:25 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:35 a.m. | |
| 10:35 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:40 a.m. | |
| 10:41 a.m. | High of the day to the close, 6.22 | |
| 10:43 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:48 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 4.22, 32.2% 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: 222 shares before the 9:30 a.m. open (0%), 13 in the first 30 minutes (0%), and 2.39 million in the rest of the day to 8 p.m. (100%).
- The halt at 10:25 a.m.: up 28.6% in the 5 minutes into it, reopened at 4.19, down 3.0% from the last trade before it.
- The halt at 10:35 a.m.: up 19.7% in the 5 minutes into it, reopened at 5.37, up 3.9% from the last trade before it, then down 21.8% over the next 5 minutes.
- The halt at 10:43 a.m.: down 18.8% in the 5 minutes into it, reopened at 4.20, unchanged from the last trade before it, then down 10.7% over the next 5 minutes.
- Other days EGG met the small-cap rule in our recaps: 1, the latest on September 29, 2026.
- The next session, September 29, 2026, it was up 11.8% from its previous close at the 4:00 p.m. close.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 10:25 a.m. | 10:35 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 10:35 a.m. | 10:40 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:43 a.m. | 10:48 a.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 EGG on September 28, 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.