Hindsight Markets Small-cap stocks on October 6, 2026
FRGT on October 6, 2026: why it ran
On October 6, 2026, FRGT opened up 169.4% from the previous close of 0.2450 and reached 1.32 at 4:05 a.m. ET. The exchange did not halt it.
- Previous close
- 0.2450
- Open, 9:30 a.m.
- 0.6601
- Gap at the open
- up 169.4%
- Pre-market high
- 1.32 at 4:05 a.m.
- High, 4 a.m. to 4 p.m.
- 1.32 at 4:05 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.2997
- After-hours high, 4 p.m. to 8 p.m.
- 0.4750 at 4:03 p.m.
- Last trade before 4:00 p.m.
- 0.3220
- Volume
- 192.26 million
- Relative volume
- 53.7x
- Float
- 572,004 shares, from filings as of October 6, 2026
- Shares outstanding
- 572,125
- Halts
- none in the halt feed
Why it ran
News and SEC filings for FRGT published between the previous session's close and the first minute FRGT traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 169.4% to 0.6601 at the open, ran from the open to the high of 0.7309 in 1 minute, then gave back 578% of that move by 4:00 p.m., trading at 0.3220.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 0.2450 |
| 4:00 a.m. | Volume since 4:00 a.m. passes the whole float, 572,004 shares |
| 4:05 a.m. | Pre-market high, 1.32 |
| 4:05 a.m. | High of the day to the close, 1.32 |
| 9:30 a.m. | The open: 0.6601, up 169.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.3220, 75.6% 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: 98.88 million shares before the 9:30 a.m. open (51%), 30.30 million in the first 30 minutes (16%), and 63.08 million in the rest of the day to 8 p.m. (33%).
- Float rotation, the volume since 4 a.m. against the float of 572,004 shares: past it once at 4:00 a.m., twice at 4:01 a.m., three times at 4:01 a.m.
- Other days FRGT met the small-cap rule in our recaps: 2, the latest on August 13, 2026.
Halts
The exchange's halt feed shows no halts for FRGT 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 FRGT 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.