Hindsight Markets Small-cap stocks on October 2, 2026
TNMG on October 2, 2026: why it ran
On October 2, 2026, TNMG opened up 10.6% from the previous close of 4.15 and reached 5.79 at 6:45 a.m. ET. The exchange did not halt it.
- Previous close
- 4.15
- Open, 9:30 a.m.
- 4.59
- Gap at the open
- up 10.6%
- Pre-market high
- 5.79 at 6:45 a.m.
- High, 4 a.m. to 4 p.m.
- 5.79 at 6:45 a.m.
- Low, 4 a.m. to 4 p.m.
- 4.01
- After-hours high, 4 p.m. to 8 p.m.
- 4.76 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 4.75
- Volume
- 6.80 million
- Relative volume
- 6.0x
- Float
- 697,299 shares, from filings as of October 2, 2026
- Shares outstanding
- 760,573
- Halts
- none in the halt feed
Why it ran
News and SEC filings for TNMG published between the previous session's close and the first minute TNMG traded 20% above it, at 5:55 a.m. ET, newest first, from the same feeds the replay shows.
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TNL Mediagene Enters into Definitive Agreement to Sell Japanese Business in Management Buyout
News via Stock News API
How it traded
Gap and hold. It gapped up 10.6% to 4.59 at the open and held above it, trading at 4.75 at 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 5:30 a.m. | News (Newsfile Corp): TNL Mediagene Enters into Definitive Agreement to Sell Japanese Business in Management Buyout |
| 5:55 a.m. | First trade 20% above the previous close of 4.15 |
| 6:02 a.m. | Volume since 4:00 a.m. passes the whole float, 697,299 shares |
| 6:45 a.m. | Pre-market high, 5.79 |
| 6:45 a.m. | High of the day to the close, 5.79 |
| 9:30 a.m. | The open: 4.59, up 10.6% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 4.75, 17.9% 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
- From news to the move: the first trade 20% above the previous close came 25 minutes after the latest news item before it (Newsfile Corp, 5:30 a.m.).
- Volume, from the one-minute bars: 5.50 million shares before the 9:30 a.m. open (81%), 320,457 in the first 30 minutes (5%), and 972,208 in the rest of the day to 8 p.m. (14%).
- Float rotation, the volume since 4 a.m. against the float of 697,299 shares: past it once at 6:02 a.m., twice at 6:12 a.m., three times at 6:31 a.m.
- Other days TNMG met the small-cap rule in our recaps: 3, the latest on September 24, 2026.
Halts
The exchange's halt feed shows no halts for TNMG 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 TNMG on October 2, 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.