Hindsight Markets Small-cap stocks on October 6, 2026
APUS on October 6, 2026: why it ran
On October 6, 2026, APUS opened up 7.0% from the previous close of 4.59 and reached 8.39 at 1:50 p.m. ET. The exchange halted it once.
- Previous close
- 4.59
- Open, 9:30 a.m.
- 4.91
- Gap at the open
- up 7.0%
- Pre-market high
- 5.53 at 7:07 a.m.
- High, 4 a.m. to 4 p.m.
- 8.39 at 1:50 p.m.
- Low, 4 a.m. to 4 p.m.
- 4.50
- After-hours high, 4 p.m. to 8 p.m.
- 7.30 at 5:14 p.m.
- Last trade before 4:00 p.m.
- 6.99
- Volume
- 13.64 million
- Relative volume
- 3.9x
- Float
- 805,943 shares, from filings as of October 6, 2026
- Shares outstanding
- 1.51 million
Replay APUS's day
It starts at 9:24 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:27 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
- Intraday run
- No news in the data
- Halted once
- Ask wall pulled
- Float traded 17x
The day before
On October 5, APUS opened at $3.22 and hit $7.00. The official close was $4.59, well under that high.
After hours its last trade was at $5.17. Our data has no news headline for October 6, so there is no stated reason for the move. The float is small: 805,943 shares.
Pre-market: quiet, then one burst
The first trades on the 6th were at $4.98, above the $4.59 close. Within the first minute it touched $5.47. Then it drifted down. By 4:09 a.m. it was near $4.69, and for most of the next three hours it sat between about $4.50 and $4.90 on thin volume.
The burst came at 7 a.m. From $4.69 it climbed to $5.50 by 7:06. At 7:07 a.m. it hit the pre-market high of $5.53, and in the same minute it dropped to $4.91. That one minute traded 58,700 shares. By 8:11 a.m. it was back at $4.64.
345,856 shares traded before the bell. That is about 43% of the float.
The open and the halt
It opened at $4.91, up 7% from the previous close. The first print was 14,449 shares at exactly $4.91. It worked higher for seven minutes, and at 9:37 it cleared the pre-market high of $5.53, reaching $5.56.
It pulled back to $5.00 at 9:38. Then the volume built. The 9:41 minute traded 56,602 shares. The 9:42 minute traded 135,470 and closed at $6.01. At 9:42:44 one buy order swept 36,955 shares from $5.98 to $6.01 across four price levels.
At 9:43:05 it was halted (a volatility pause) with the last trade at $6.01.
Stop It's 9:48. APUS has been halted for five minutes after trading $6.01, up from a $4.91 open. The 9:48 candle opens at $6.02. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 9:48 a.m. ET for your call, then show what happened. The clip starts at 9:45 a.m. ET.
Trading resumed at 9:48:05. The reopen candle ran to $6.14, then fell to $5.52 before the minute ended. By the end of the 9:48 minute, more shares had traded than exist in the whole float.
Climbing in steps
After the halt it kept making higher highs with pullbacks between them. From $5.00 at 9:38 it had run to $6.14 at 9:48, up 23%. From $5.37 at 9:49 it ran to $6.62 at 9:51, also up 23%. The 9:51 minute traded 279,202 shares.
It spent the next half hour between about $5.77 and $6.77. Then from $5.81 at 10:17 it ran to $7.02 at 10:24, up 21%. At 10:24:15 one buy order swept 52,921 shares from $6.72 to $7.02 across 12 price levels.
It dropped back to $6.06 at 10:41 and traded in a tight band for a while. From $6.11 at 10:56 it ran to $7.47 at 11:33, up 22%, and reached $7.55 at 11:35. By 12:03 p.m. the float had traded ten times.
A 48,750-share ask wall sat at $7.94 from 10:31 until it was pulled at 11:22:36. The stock never reached it in that time. The high in that window was $7.37.
After 11:35 it chopped. By 12:22 p.m. it was at $6.66, and from 12:40 to 1:37 it held mostly between $6.50 and $7.30.
The wall at $8.50
From 1:10 p.m. on, stock was offered at exactly $8.50, while the price stayed mostly in the $7s.
Stop It's 1:49 p.m. APUS is at $7.36. Stock has been offered at exactly $8.50 since 1:10. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:49 p.m. ET for your call, then show what happened. The clip starts at 1:46 p.m. ET.
Here's what happened. In the 1:49 minute it ran from $7.36 to $8.12 on 228,464 shares. At 1:49:31 one buy order swept 65,226 shares from $7.48 to $7.83 across 35 price levels. At 1:50 p.m. it hit $8.39, the high of the day. That was 11 cents under the wall.
The wall peaked at 107,154 shares at 1:50:48 p.m., about 13% of the float. At 1:51:09 it was pulled. The price never reached $8.50.
It held at or above $7.88 for the next eight minutes. Then the 1:59 minute swung from $8.35 to $7.50 on 255,475 shares. At 1:59:46 one sell order took 48,039 shares from $7.99 to $7.61 across 39 price levels. Within nine minutes of the high it was back at $7.50.
The rest of the day
It bounced. At 2:10 p.m. it pushed to $7.81, a lower high under the $8.39 top.
From there it faded. It traded as low as $7.05 at 2:20 p.m., where a 51,377-share bid wall sat from 2:01 until it was pulled at 3:04. It bounced to $7.71 at 2:53 and was near $7.30 through the 3 o'clock hour. A sell-off in the last minute took it to $6.99 at the close.
After hours it rose to $7.30 at 5:14 p.m. and was back at $6.99 by 7:59 p.m.
From 4 a.m. to the close, 13.30 million shares traded: the float changed hands about 17 times, at about 4 times its normal volume.
What to take from it
- This halt reopen was expensive to buy. At 9:48:06 the screen was $5.90 and a 5,000-share order averaged $6.00. Only 100 shares were offered at the screen price.
- A big ask wall can disappear without a single trade at its price. The $8.50 wall peaked at 107,154 shares and was pulled at 1:51, and the stock topped out at $8.39.
- After the top, the next push stopped lower. $8.39 at 1:50 p.m., then $7.81 at 2:10 p.m.
Why it ran
News and SEC filings for APUS published between the previous session's close and the first minute APUS traded 20% above it, at 7:07 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 7.0% at 4.91, then ran from the open to the high of 8.39 in 260 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:07 a.m. | First trade 20% above the previous close of 4.59 | |
| 7:07 a.m. | Pre-market high, 5.53 | |
| 9:30 a.m. | The open: 4.91, up 7.0% from the previous close | |
| 9:43 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:48 a.m. | |
| 9:48 a.m. | Volume since 4:00 a.m. passes the whole float, 805,943 shares | |
| 1:50 p.m. | High of the day to the close, 8.39 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 6.99, 16.7% 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: 345,856 shares before the 9:30 a.m. open (3%), 1.71 million in the first 30 minutes (13%), and 11.58 million in the rest of the day to 8 p.m. (85%).
- Float rotation, the volume since 4 a.m. against the float of 805,943 shares: past it once at 9:48 a.m., twice at 9:54 a.m., three times at 10:03 a.m.
- The halt at 9:43 a.m.: up 17.4% in the 5 minutes into it, reopened at 6.02, up 0.2% from the last trade before it, then up 6.3% over the next 5 minutes.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:43 a.m. | 9:48 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 APUS on October 6, 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.