Hindsight Markets Small-cap stocks on October 8, 2026
CPHI on October 8, 2026: why it ran
On October 8, 2026, CPHI opened down 15.5% from the previous close of 0.9089 and reached 1.19 at 11:13 a.m. ET. The exchange did not halt it.
- Previous close
- 0.9089
- Open, 9:30 a.m.
- 0.7680
- Gap at the open
- down 15.5%
- Pre-market high
- 0.9499 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 1.19 at 11:13 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.7111
- After-hours high, 4 p.m. to 8 p.m.
- 1.08 at 5:22 p.m.
- Last trade before 4:00 p.m.
- 0.9600
- Volume
- 5.59 million
- Relative volume
- 4.7x
- Float
- 30.35 million shares, from filings as of October 8, 2026
- Shares outstanding
- 43.02 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for CPHI published between the previous session's close and the first minute CPHI traded 20% above it, at 11:11 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 down 15.5% at 0.7680, then ran from the open to the high of 1.19 in 103 minutes.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | Pre-market high, 0.9499 |
| 9:30 a.m. | The open: 0.7680, down 15.5% from the previous close |
| 11:11 a.m. | First trade 20% above the previous close of 0.9089 |
| 11:13 a.m. | High of the day to the close, 1.19 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.9600, 19.3% 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: 854,596 shares before the 9:30 a.m. open (15%), 97,062 in the first 30 minutes (2%), and 4.64 million in the rest of the day to 8 p.m. (83%).
- Other days CPHI met the small-cap rule in our recaps: 2, the latest on October 7, 2026.
Halts
The exchange's halt feed shows no halts for CPHI 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 CPHI on October 8, 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.