GTE, August 5: news and $11.53

Gap, run and fade. It gapped up 50.5% to $10.28 at the open, ran from the open to the high of $11.53 in 11 minutes, then gave back 166% of that move by 4:00 p.m., trading at $9.46, below the open.

The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.

Previous close

$6.83

Open, 9:30 a.m.

$10.28

Gap at the open

+50.5%

Pre-market high

$10.75 at 6:38 a.m.

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

$11.53 at 9:41 a.m.

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

$7.89

Close, 4 p.m.

$9.46

Change at 4 p.m.

+38.5%

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

$9.70 at 5:04 p.m.

Volume, 4 a.m. to 4 p.m.

11.06 million

Volume after hours, 4 p.m. to 8 p.m.

116,883

Relative volume by 8 p.m.

52.5×

Float

33.51 million shares, from filings as of August 5, 2026

Shares outstanding

35.38 million

• From news to the move: the first trade 20% above the previous close came 2 hours 13 minutes after the latest news item before it (GlobeNewsWire, 1:47 a.m.).
• Volume, from the one-minute bars: 4.57 million shares before the 9:30 a.m. open (41%), 2.68 million in the first 30 minutes (24%), and 3.93 million in the rest of the day to 8 p.m. (35%).
• In our recaps, this is the only day GTE met the small-cap rule.

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).

The exchange's halt feed shows no halts for GTE that day.

Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).