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Hindsight Markets Recaps Small-cap stocks on August 11, 2026

QMCO, August 11: news and $19.60

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QMCO opened up 24% after news, ran to $19.60, and held most of the move into the close.

News via Stock News API

NewsNewsNews$20.00$11.78$13.174 a.m.9:30noon4 p.m.8 p.m.
QMCO on August 11, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

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.

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