Hindsight Markets / Small-cap stocks on October 6, 2026

KAPA on October 6, 2026: why it ran

Published October 9, 2026 · By Hindsight Markets

On October 6, 2026, KAPA opened up 2.6% from the previous close of 1.55 and reached 2.16 at 11:32 a.m. ET. The exchange halted it 2 times.

Previous close

1.55

Open, 9:30 a.m.

1.59

Gap at the open

up 2.6%

Pre-market high

1.96 at 7:30 a.m.

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

2.16 at 11:32 a.m.

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

1.03

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

1.15 at 4:00 p.m.

Last trade before 4:00 p.m.

1.13

Volume

4.46 million

Relative volume

123.9x

Float

2.41 million shares, from filings as of October 6, 2026

Shares outstanding

3.39 million

Halts

2

Why it ran

News and SEC filings for KAPA published between the previous session's close and the first minute KAPA traded 20% above it, at 7:30 a.m. ET, newest first, from the same feeds the replay shows.

1. 7:30 a.m. ET · Business Wire

   Kairos Pharma Reports Positive, Statistically Significant Interim Efficacy Data from Phase 2 Trial of ENV-105 in Metastatic Prostate Cancer

News via Stock News API

How it traded

Intraday run. It opened up 2.6% at 1.59, then ran from the open to the high of 2.16 in 122 minutes.

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 (Business Wire, 7:30 a.m.).
• Volume, from the one-minute bars: 602,234 shares before the 9:30 a.m. open (14%), 20,943 in the first 30 minutes (0%), and 3.84 million in the rest of the day to 8 p.m. (86%).
• Float rotation, the volume since 4 a.m. against the float of 2.41 million shares: past it once at 11:34 a.m.
• The halt at 11:37 a.m.: down 26.8% in the 5 minutes into it, reopened at 1.50, down 3.8% from the last trade before it, then down 26.7% over the next 5 minutes.
• The halt at 11:45 a.m.: down 29.5% in the 5 minutes into it, reopened at 1.21, up 10.0% from the last trade before it, then up 7.4% over the next 5 minutes.
• In our recaps, this is the only day KAPA met the small-cap rule.

Halts

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.