Hindsight Markets Recaps Small-cap stocks on October 16, 2026
WORX, October 16: a 2:23 p.m. filing, one halt, and $3.76
WORX opened near its previous close, ran to $3.76 through one halt, then fell below its open by the close.
What happened
A fast run into a halt
WORX opened at $2.08 on a tiny float. Soon it climbed, and by 9:48 it reached $3.27.
At 9:48:57 it was halted for a volatility pause.
Stop It's 9:58. WORX has been halted since 9:48, and its last trade was $3.27. It was $2.08 at the open. Trading is about to resume. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:55 a.m. and stop at 9:58 a.m. ET for your call.
It reopened at 9:58:57 at $3.49, 7% above the halt price. The first print was one trade of 109K shares.
The top, then the drop
The high came fast: $3.76 in the 9:59 minute. That minute traded 560K shares, more than the whole float. Later pushes stopped lower.
The wall at $3.10
From 10:05, about 33K shares were offered at $3.10.
Stop It's 10:06. WORX is at $2.75. Above, about 33,000 shares are offered at $3.10, and the high of the day was $3.76. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:03 a.m. and stop at 10:06 a.m. ET for your call.
The price never got near it. At 10:30:47 the wall was pulled without trading, with the stock near $2.19.
A filing and a low
At 2:23 p.m. the company filed an S-3, a plan to sell stock. The low was $1.07 at 2:57.
What to take from it: The spike was gone within minutes, and after a halt reopen the price you see is not the price you pay.
Replay WORX's day
It starts at 9:40 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:43 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Intraday run and fade. It opened up 3.5% at $2.08, then ran from the open to the high of $3.76 in 29 minutes through a halt, and gave it all back: it traded at $1.35 at 4:00 p.m., below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:15 a.m. | Pre-market high, $2.29 | |
| 9:30 a.m. | The open: $2.08, up 3.5% from the previous close | |
| 9:47 a.m. | First trade 20% above the previous close of $2.01 | |
| 9:59 a.m. | Volume since 4:00 a.m. passes the whole float, 742,099 shares | |
| 9:59 a.m. | High of the day to the close, $3.76 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.35, 64.1% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $2.01
- Open, 9:30 a.m.
- $2.08
- Gap at the open
- +3.5%
- Pre-market high
- $2.29 at 4:15 a.m.
- High, 4 a.m. to 4 p.m.
- $3.76 at 9:59 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.07
- Close, 4 p.m.
- $1.35
- Change at 4 p.m.
- −32.8%
- After-hours high, 4 p.m. to 8 p.m.
- $1.56 at 6:48 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.70 million
- Volume after hours, 4 p.m. to 8 p.m.
- 62,230
- Relative volume by 8 p.m.
- 11.6×
- Float
- 742,099 shares, from filings as of October 16, 2026
- Shares outstanding
- 742,099
- Volume, from the one-minute bars: 11,261 shares before the 9:30 a.m. open (0%), 953,570 in the first 30 minutes (25%), and 2.79 million in the rest of the day to 8 p.m. (74%).
- Float rotation, the volume since 4 a.m. against the float of 742,099 shares: past it once at 9:59 a.m., twice at 10:02 a.m., three times at 10:09 a.m.
- Other days WORX met the small-cap rule in our recaps: 5, the latest on October 26, 2026.
- The next session, October 19, 2026, it was up 92.8% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:48 a.m. | 9:58 a.m. | 10 min 0 s | up 50.7% | $3.49, up 6.7% | down 18.6% | LULD pause (limit up-limit down) |
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay WORX on October 16, 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.