Hindsight Markets Recaps Small-cap stocks on August 6, 2026
ASPN, August 6: an 8-K and $8.10
ASPN opened up 46% after an 8-K, ran to $8.10, then fell below its open by the close.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 6:30 a.m. Before the bell it reached $7.29, on 515K shares.
The open
It opened up 46%, at $7.30. It ran to $8.10 by 10:35 a.m.
The close
It closed at $6.89, 15% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 45.7% to $7.30 at the open, ran from the open to the high of $8.10 in 65 minutes, then gave back 151% of that move by 4:00 p.m., trading at $6.89, below the open.
| Time (ET) | What happened |
|---|---|
| 6:30 a.m. | News (GlobeNewsWire): Aspen Aerogels, Inc. Reports Second Quarter 2026 Financial Results and Recent Business Highlights |
| 6:30 a.m. | SEC filing 8-K: FORM 8-K |
| 6:35 a.m. | First trade 20% above the previous close of $5.01 |
| 9:29 a.m. | Pre-market high, $7.29 |
| 9:30 a.m. | The open: $7.30, up 45.7% from the previous close |
| 10:35 a.m. | High of the day to the close, $8.10 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.89, 14.9% 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
- $5.01
- Open, 9:30 a.m.
- $7.30
- Gap at the open
- +45.7%
- Pre-market high
- $7.29 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $8.10 at 10:35 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.08
- Close, 4 p.m.
- $6.89
- Change at 4 p.m.
- +37.5%
- After-hours high, 4 p.m. to 8 p.m.
- $7.01 at 7:57 p.m.
- Volume, 4 a.m. to 4 p.m.
- 8.09 million
- Volume after hours, 4 p.m. to 8 p.m.
- 290,879
- Relative volume by 8 p.m.
- 12.1×
- Float
- 70.01 million shares, from filings as of August 6, 2026
- Shares outstanding
- 82.88 million
- From news to the move: the first trade 20% above the previous close came 4 minutes after the latest SEC filing before it (8-K, 6:30 a.m.).
- Volume, from the one-minute bars: 515,074 shares before the 9:30 a.m. open (6%), 1.81 million in the first 30 minutes (22%), and 6.05 million in the rest of the day to 8 p.m. (72%).
- In our recaps, this is the only day ASPN 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).
Halts (none)
The exchange's halt feed shows no halts for ASPN that day.
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 ASPN on August 6, 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.