Hindsight Markets Recaps Small-cap stocks on August 10, 2026
AIFA, August 10: a gap that faded
AIFA opened up 19%, then faded below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $2.60, on 325K shares.
The open
It opened up 19%, at $2.43.
The close
It closed at $2.15, 17% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 19.1% to $2.43 at the open and traded below the open by 4:00 p.m., at $2.15.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $2.04 |
| 4:00 a.m. | Pre-market high, $2.60 |
| 4:00 a.m. | High of the day to the close, $2.60 |
| 9:30 a.m. | The open: $2.43, up 19.1% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.15, 17.3% 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
- $2.04
- Open, 9:30 a.m.
- $2.43
- Gap at the open
- +19.1%
- Pre-market high
- $2.60 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $2.60 at 4:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.02
- Close, 4 p.m.
- $2.15
- Change at 4 p.m.
- +5.4%
- After-hours high, 4 p.m. to 8 p.m.
- $2.39 at 4:05 p.m.
- Volume, 4 a.m. to 4 p.m.
- 576,158
- Volume after hours, 4 p.m. to 8 p.m.
- 16,580
- Relative volume by 8 p.m.
- 46.6×
- Float
- 4.14 million shares, from filings as of August 10, 2026
- Shares outstanding
- 6.38 million
- Volume, from the one-minute bars: 325,450 shares before the 9:30 a.m. open (55%), 45,293 in the first 30 minutes (8%), and 221,995 in the rest of the day to 8 p.m. (37%).
- Other days AIFA met the small-cap rule in our recaps: 3, the latest on October 6, 2026.
- The next session, August 11, 2026, it was up 50.7% from its previous close at the 4:00 p.m. close.
On the day's lists: the pre-market gappers. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, 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 AIFA 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 AIFA on August 10, 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.