Hindsight Markets Small-cap stocks on October 12, 2026
TRAX on October 12, 2026: why it ran
On October 12, 2026, TRAX opened up 22.0% from the previous close of 31.85 and reached 50.18 at 7:06 a.m. ET. The exchange did not halt it.
- Previous close
- 31.85
- Open, 9:30 a.m.
- 38.86
- Gap at the open
- up 22.0%
- Pre-market high
- 50.18 at 7:06 a.m.
- High, 4 a.m. to 4 p.m.
- 50.18 at 7:06 a.m.
- Low, 4 a.m. to 4 p.m.
- 33.11
- After-hours high, 4 p.m. to 8 p.m.
- 34.73 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 33.93
- Volume
- 3.51 million
- Relative volume
- 8.0x
- Float
- 33.44 million shares, from filings as of October 12, 2026
- Shares outstanding
- 35.73 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for TRAX published between the previous session's close and the first minute TRAX traded 20% above it, at 6:04 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap and fade. It gapped up 22.0% to 38.86 at the open and traded below the open by 4:00 p.m., at 33.93.
| Time (ET) | What happened |
|---|---|
| 6:04 a.m. | First trade 20% above the previous close of 31.85 |
| 7:06 a.m. | Pre-market high, 50.18 |
| 7:06 a.m. | High of the day to the close, 50.18 |
| 9:30 a.m. | The open: 38.86, up 22.0% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 33.93, 32.4% 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: 1.02 million shares before the 9:30 a.m. open (29%), 412,651 in the first 30 minutes (12%), and 2.08 million in the rest of the day to 8 p.m. (59%).
Halts
The exchange's halt feed shows no halts for TRAX 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 TRAX on October 12, 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.