Hindsight Markets / Small-cap stocks on October 5, 2026

ONEN on October 5, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On October 5, 2026, ONEN opened up 19.8% from the previous close of 1.87 and reached 2.40 at 8:26 a.m. ET. The exchange did not halt it.

Previous close

1.87

Open, 9:30 a.m.

2.24

Gap at the open

up 19.8%

Pre-market high

2.40 at 8:26 a.m.

High, 4 a.m. to 4 p.m.

2.40 at 8:26 a.m.

Low, 4 a.m. to 4 p.m.

1.85

After-hours high, 4 p.m. to 8 p.m.

2.15 at 5:24 p.m.

Last trade before 4:00 p.m.

2.11

Volume

1.01 million

Relative volume

16.2x

Float

19.69 million shares, from filings as of October 5, 2026

Shares outstanding

26.02 million

Halts

none in the halt feed

Why it ran

News and SEC filings for ONEN published between the previous session's close and the first minute ONEN traded 20% above it, at 7:13 a.m. ET, newest first, from the same feeds the replay shows.

No news found before the move.

How it traded

Gap and fade. It gapped up 19.8% to 2.24 at the open and traded below the open by 4:00 p.m., at 2.11.

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: 533,416 shares before the 9:30 a.m. open (53%), 106,789 in the first 30 minutes (11%), and 365,981 in the rest of the day to 8 p.m. (36%).
• In our recaps, this is the only day ONEN met the small-cap rule.

Halts

The exchange's halt feed shows no halts for ONEN 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.