Hindsight Markets Small-cap stocks on October 9, 2026
VIVK on October 9, 2026: why it ran
On October 9, 2026, VIVK opened up 75.1% from the previous close of 4.01 and reached 8.30 at 9:30 a.m. ET. The exchange halted it 3 times.
- Previous close
- 4.01
- Open, 9:30 a.m.
- 7.02
- Gap at the open
- up 75.1%
- Pre-market high
- 7.68 at 9:28 a.m.
- High, 4 a.m. to 4 p.m.
- 8.30 at 9:30 a.m.
- Low, 4 a.m. to 4 p.m.
- 3.67
- After-hours high, 4 p.m. to 8 p.m.
- 3.80 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 3.74
- Volume
- 14.27 million
- Relative volume
- 215.1x
- Float
- not available
- Shares outstanding
- not available
Replay VIVK's day
It starts at 9:02 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:05 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
- Main move: 9:00 to 9:30 a.m.
- Catalyst: news
- Round-number break
- Halt run
- Halted three times
- Faded to the close
Before the news
The previous close was $4.01. Pre-market started quietly. The first trade was $4.00 at 4:00 a.m. Through the early morning it traded between about $3.83 and $4.00, in small amounts. At 8:47 a.m. the last trade before the news was $3.92.
9:00: the headline
At 9:00 a.m. GlobeNewsWire ran: “Vivakor Signs LOI for Proposed $40 Million Acquisition of Direct Midstream.” The 9:00 minute went from $3.95 to $4.42. Within minutes it was at $4.47.
At 9:07 a.m. it traded through $5.00. The 9:07 minute reached $5.20 on 263,650 shares.
The wall at $6.00
From 9:07 a.m. on, a lot of stock was offered at exactly $6.00. It grew while the price chopped mostly between about $4.80 and $5.40, then pushed to $5.90 in the 9:12 minute. It peaked at 47,241 shares at 9:12 a.m., across all exchanges.
Stop It's 9:13. VIVK is at $5.82. Roughly 47,000 shares are offered at $6.00, just above. The last minute ran from $5.05 to $5.80. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:13 a.m. ET for your call, then show what happened. The clip starts at 9:10 a.m. ET.
Here's what happened. At 9:13:07 trades began printing at $6.00. In under a second, 31,564 shares traded at exactly $6.00 and the wall was gone. It wasn't pulled. Buyers ate it. One buy order of 24,964 shares went through five price levels, $6.00 to $6.06. The 9:13 minute hit $6.75.
Up to the open
It pulled back to $5.95 at 9:17, then ran to $7.52 at 9:20 a.m. It held roughly $7.00 to $7.30 for the next several minutes. At 9:28 it hit the pre-market high, $7.68. 6.19 million shares traded before the bell.
It opened at $7.02, up 75% from the previous close. The opening print was 14,959 shares at $7.02.
Stop It's 9:30. VIVK just opened at $7.02. The pre-market high was $7.68. Would you buy the open?
Press play: the real Level 2, time and sales and chart stop at 9:30 a.m. ET for your call, then show what happened. The clip starts at 9:27 a.m. ET.
The 9:30 minute hit $8.30, the high so far. A 24,629-share sell order then went through 32 price levels, from $8.04 to $7.73. Within a minute it was back at $6.92.
The halts
At 9:31:22 it was halted (a volatility pause). It reopened at 9:36:22 at $6.80, on a 34,420-share print. It fell to $6.61 at 9:36.
It came back once more. At 9:37 it pushed to $7.60, a lower high under $8.30.
Stop It's 9:43. VIVK has been halted since 9:38 and is about to reopen. The last trade before the halt was $6.47, and the high so far was $8.30. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 9:43 a.m. ET for your call, then show what happened. The clip starts at 9:40 a.m. ET.
At 9:38:55 it was halted again. It reopened at 9:43:55 at $6.44, on a 43,778-share print. It then slid to $5.75 by 9:45. A $6.00 bid wall that had been on the book since 9:36 was eaten at 9:44.
At 9:51:33 it was halted a third time, with the last trade at $5.51. It reopened at 9:56:33 at $5.60. A 53,844-share sell order then went through 26 levels, $5.56 to $5.31. By 9:57 the low of the minute was $4.91.
The rest of the day
It settled around $5 for a while. At 10:17 it was $4.62, and it stayed between about $4.62 and $5.27 until noon. At 12:13 it dropped to $4.37, and at 12:50 it fell to $3.93. After that it drifted between about $3.80 and $4.15.
Near the end, a bid wall of 46,576 shares at $3.80 had been on the book since 1:32 p.m. It was pulled at 3:58, and the stock hit $3.67 that minute, the low after the open. It closed at $3.74, 55% below the high.
By the close, 7.68 million shares had traded in the regular session. For the whole day, 14.27 million traded, 215 times normal volume. Normal volume is tiny: about 66,000 shares a day.
After hours
After hours it fell from $3.80 at 4:00 p.m. to $2.59 by 5:40 p.m., down 32%. At 5:03 p.m. the company filed an 8-K (a current report). The price at 5:03 was $3.55, and it had already slid from $3.80 by then.
What to take from it
- A big ask wall at a round number can break in under a second. Here $6.00 went in 0.7 seconds, and the stock ran to $6.75 that minute.
- Here, buying right after each halt reopen cost more than the screen showed. Each of the three reopens showed a thin book, and a 5,000-share buy averaged $0.06 to $0.09 above the screen price.
- After the top, the next push stopped lower. $8.30 at 9:30, then $7.60 at 9:37. By the close it was at $3.74, below the $4.01 previous close.
Why it ran
News and SEC filings for VIVK published between the previous session's close and the first minute VIVK traded 20% above it, at 9:07 a.m. ET, newest first, from the same feeds the replay shows.
-
Vivakor Signs LOI for Proposed $40 Million Acquisition of Direct Midstream
News via Stock News API
How it traded
Gap, run and fade. It gapped up 75.1% to 7.02 at the open, ran from the open to the high of 8.30 in 1 minute, then gave back 356% of that move by 4:00 p.m., trading at 3.74.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:00 a.m. | News (GlobeNewsWire): Vivakor Signs LOI for Proposed $40 Million Acquisition of Direct Midstream | |
| 9:07 a.m. | First trade 20% above the previous close of 4.01 | |
| 9:28 a.m. | Pre-market high, 7.68 | |
| 9:30 a.m. | The open: 7.02, up 75.1% from the previous close | |
| 9:30 a.m. | High of the day to the close, 8.30 | |
| 9:31 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:36 a.m. | |
| 9:38 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:43 a.m. | |
| 9:51 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:56 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 3.74, 54.9% 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
- From news to the move: the first trade 20% above the previous close came 7 minutes after the latest news item before it (GlobeNewsWire, 9:00 a.m.).
- Volume, from the one-minute bars: 6.19 million shares before the 9:30 a.m. open (43%), 3.39 million in the first 30 minutes (24%), and 4.69 million in the rest of the day to 8 p.m. (33%).
- The halt at 9:31 a.m.: down 2.3% in the 5 minutes into it, reopened at 6.80, down 1.7% from the last trade before it, then down 4.9% over the next 5 minutes.
- The halt at 9:38 a.m.: down 6.5% in the 5 minutes into it, reopened at 6.44, down 0.5% from the last trade before it, then down 7.1% over the next 5 minutes.
- The halt at 9:51 a.m.: down 9.5% in the 5 minutes into it, reopened at 5.60, up 1.6% from the last trade before it, then down 10.0% over the next 5 minutes.
- Other days VIVK met the small-cap rule in our recaps: 3, the latest on October 6, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:31 a.m. | 9:36 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:38 a.m. | 9:43 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:51 a.m. | 9:56 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 VIVK on October 9, 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.