Hindsight Markets Recaps Small-cap stocks on August 11, 2026
QMCO, August 11: news and $19.60
QMCO opened up 24% after news, ran to $19.60, and held most of the move into the close.
News via Stock News API
What happened
Before the open
The news came first: news at 6:58 a.m. Before the bell it reached $15.00, on 100K shares.
The open
It opened up 24%, at $14.58. It ran to $19.60 by 3:23 p.m.
The close
It closed at $19.38, near its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 23.8% to $14.58 at the open, ran from the open to the high of $19.60 in 353 minutes, and held most of the move into the close: it gave back 4% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| Aug 10, 6:56 p.m. | News (Zacks Investment Research): Quantum Corp. (QMCO) Surpasses Q1 Earnings and Revenue Estimates |
| Aug 10, 9:05 p.m. | News (MarketBeat): Quantum Q1 Earnings Call Highlights |
| 6:58 a.m. | News (Seeking Alpha): Quantum Corporation (QMCO) Q1 2027 Earnings Call Transcript |
| 9:08 a.m. | First trade 20% above the previous close of $11.78 |
| 9:29 a.m. | Pre-market high, $15.00 |
| 9:30 a.m. | The open: $14.58, up 23.8% from the previous close |
| 3:23 p.m. | High of the day to the close, $19.60 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $19.38, 1.1% 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
- $11.78
- Open, 9:30 a.m.
- $14.58
- Gap at the open
- +23.8%
- Pre-market high
- $15.00 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $19.60 at 3:23 p.m.
- Low, 4 a.m. to 4 p.m.
- $13.17
- Close, 4 p.m.
- $19.38
- Change at 4 p.m.
- +64.5%
- After-hours high, 4 p.m. to 8 p.m.
- $20.00 at 4:31 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.55 million
- Volume after hours, 4 p.m. to 8 p.m.
- 245,518
- Relative volume by 8 p.m.
- 13.9×
- Float
- 22.11 million shares, from filings as of August 11, 2026
- Shares outstanding
- 39.41 million
- From news to the move: the first trade 20% above the previous close came 2 hours 9 minutes after the latest news item before it (Seeking Alpha, 6:58 a.m.).
- Volume, from the one-minute bars: 100,325 shares before the 9:30 a.m. open (1%), 1.71 million in the first 30 minutes (22%), and 5.98 million in the rest of the day to 8 p.m. (77%).
- In our recaps, this is the only day QMCO 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 QMCO 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 QMCO on August 11, 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.