Hindsight Markets Small-cap stocks on September 28, 2026
LABT on September 28, 2026: why it ran
On September 28, 2026, LABT opened up 23.4% from the previous close of 1.67 and reached 3.77 at 8:13 a.m. ET. The exchange did not halt it.
- Previous close
- 1.67
- Open, 9:30 a.m.
- 2.06
- Gap at the open
- up 23.4%
- Pre-market high
- 3.77 at 8:13 a.m.
- High, 4 a.m. to 4 p.m.
- 3.77 at 8:13 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.10
- After-hours high, 4 p.m. to 8 p.m.
- 1.30 at 6:12 p.m.
- Last trade before 4:00 p.m.
- 1.13
- Volume
- 16.14 million
- Relative volume
- 23.5x
- Float
- 2.25 million shares, from filings as of September 28, 2026
- Shares outstanding
- 2.37 million
- Halts
- none in the halt feed
Replay LABT's day
It starts at 7:58 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:01 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: pre-market
- Catalyst: news
- Float traded 7x
- Gap and fade
- Lower high
Before the headline
The official previous close was $1.67. Before 8:02 a.m. this stock barely traded. From 4:00 a.m. to 7:34 a.m., about a thousand shares changed hands, all between $1.61 and $1.68.
At 8:02 a.m. PRNewsWire ran: “Lakewood-Amedex Biotherapeutics Announces Positive Data Against Recent Clinical Isolates from Infected Diabetic Foot Ulcers”. The 8:02 minute alone ran from a low of $1.67 to a high of $2.06, so it traded through $2.00 in the very first minute of the news.
8:02 to 8:13: the run
From $1.76 at 8:03 it ran to $3.57 at 8:05, up 103%. It crossed $3.00 for the first time in that 8:05 minute. By 8:07, more shares had traded than exist in the whole float (2.25 million).
Then it dipped to $2.53 at 8:07, down 29% from $3.57. It ran again, to $3.68 at 8:11, up 45%.
The high so far was $3.77 at 8:13, still before the bell.
The fade and the wall at $2.21
At 8:17:37 one sell order swept 43,047 shares through 12 price levels, from $3.25 to $3.14. By 8:18 it traded as low as $2.50, and at 8:23 it hit $2.23, down 41% from the $3.77 high.
After the $3.77 top, the next push stopped at $3.41 at 8:15, before the 8:17 sweep. At 8:29 it pushed to $2.64, another lower high under the $3.77 top. By 8:39 it was near $2.20.
At 8:40:11, someone was bidding for 73,199 shares at exactly $2.21, about 3% of the float. In the next second a 48,658-share trade printed at $2.21 and a sell order swept 62,172 shares from $2.24 to $2.20. The bid at $2.21 stayed on the book.
Stop It's 8:42. LABT is at $2.27. A big bid wall is sitting at $2.21, just below. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 8:42 a.m. ET for your call, then show what happened. The clip starts at 8:39 a.m. ET.
At 8:42:38 trades began printing at $2.21. In 4.2 seconds, the last 29,891 shares traded at $2.21 and the wall was gone. Sellers hit it. The 8:42 minute closed at $2.14.
The open and the walls above and below
From 8:43 to 9:07 it drifted between about $2.05 and $2.24. At 9:08 a buy order swept 28,866 shares from $2.12 to $2.21, and the 9:08 minute topped at $2.25. At 9:26 a sell order swept 47,176 shares from $2.01 to $1.97.
It opened at $2.06, up 23% from the previous close. A bid wall at $1.93 had appeared at 9:27:18 and peaked at 55,088 shares (2.5% of the float) at 9:30:30. It was pulled at 9:31:13.
The price held near $1.95 until 9:41. Then the 9:41 minute fell to $1.74 on 201,244 shares. At 9:56:23 an ask wall appeared at $1.71. It peaked at 116,589 shares at 9:56:44, 5.2% of the float.
Stop It's 9:57. LABT is at $1.64, down from about $2.06 at the open. A big ask wall sits at $1.71, above the price. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:57 a.m. ET for your call, then show what happened. The clip starts at 9:54 a.m. ET.
It kept falling. A 23,000-share trade printed at $1.59 at 9:57:19, and a sell order swept 36,554 shares from $1.61 to $1.59. At 9:58 the low was $1.54. The wall at $1.71 was pulled at 10:01:30, and the 10:01 minute hit $1.33.
The 10:05 minute dropped to just under $1.24 on 162,482 shares, with a 23,801-share trade at $1.25. It reached just over $1.20 at 10:07. After that it went quiet. It mostly traded between $1.27 and $1.41 until early afternoon.
The afternoon and the close
Volume dried up. By mid-afternoon it was trading near $1.21 to $1.27. At 3:46 p.m. the price broke down to $1.11, and the low after the open came at 3:47 p.m., just over $1.10. A bid wall at $1.10, first seen at 10:11:32, had grown to 49,935 shares by 3:57 p.m.
Late in the day, ask walls stacked above: 66,812 shares at $1.17 and 76,095 shares at $1.16. The last regular-session minute, 3:59 p.m., closed at $1.13, 70% below the $3.77 high.
Before the bell 13.19 million shares traded. The regular session added 2.54 million. Through the close, 15.73 million shares had traded: the float changed hands about 7 times. Relative volume for the whole day was about 23.5.
After hours
After the close, 405,942 more shares traded. At 5:49 p.m. the company filed an 8-K (a current report). At 6:12 p.m. the stock touched $1.30. By 7:50 p.m. it was back at $1.10.
What to take from it
- The whole move happened before 8:15 a.m., and none of it held. The high was $3.77 at 8:13 a.m. By 3:59 p.m. it was $1.13.
- After the top, each push stopped lower. $3.77 at 8:13 a.m., $3.41 at 8:15 a.m., then $2.64 at 8:29 a.m.
- A wall on the book is not a floor or a ceiling. The $2.21 bid took four seconds to clear, and the 116,589-share ask wall at $1.71 was pulled while the price kept falling.
Why it ran
News and SEC filings for LABT published between the previous session's close and the first minute LABT traded 20% above it, at 8:02 a.m. ET, newest first, from the same feeds the replay shows.
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Lakewood-Amedex Biotherapeutics Announces Positive Data Against Recent Clinical Isolates from Infected Diabetic Foot Ulcers
News via Stock News API
How it traded
Gap and fade. It gapped up 23.4% to 2.06 at the open and traded below the open by 4:00 p.m., at 1.13.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:02 a.m. | News (PRNewsWire): Lakewood-Amedex Biotherapeutics Announces Positive Data Against Recent Clinical Isolates from Infected Diabetic Foot Ulcers | |
| 8:02 a.m. | First trade 20% above the previous close of 1.67 | |
| 8:07 a.m. | Volume since 4:00 a.m. passes the whole float, 2.25 million shares | |
| 8:13 a.m. | Pre-market high, 3.77 | |
| 8:13 a.m. | High of the day to the close, 3.77 | |
| 9:30 a.m. | The open: 2.06, up 23.4% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.13, 70.0% 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
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (PRNewsWire, 8:02 a.m.).
- Volume, from the one-minute bars: 13.19 million shares before the 9:30 a.m. open (82%), 1.26 million in the first 30 minutes (8%), and 1.69 million in the rest of the day to 8 p.m. (10%).
- Float rotation, the volume since 4 a.m. against the float of 2.25 million shares: past it once at 8:07 a.m., twice at 8:11 a.m., three times at 8:16 a.m.
- Other days LABT met the small-cap rule in our recaps: 3, the latest on September 9, 2026.
Halts
The exchange's halt feed shows no halts for LABT 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 LABT 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.