Hindsight Markets Recaps Small-cap stocks on August 21, 2026
ELMT, August 21: a run to $20.64
ELMT opened near its previous close, then ran to $20.64 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $17.49, on 241 shares.
The open
It opened near its previous close, at $17.17. It ran to $20.64 by 1:53 p.m.
The close
It closed at $19.86, near its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened up 3.0% at $17.17, then ran from the open to the high of $20.64 in 263 minutes.
| Time (ET) | What happened |
|---|---|
| 8:51 a.m. | Pre-market high, $17.49 |
| 9:30 a.m. | The open: $17.17, up 3.0% from the previous close |
| 1:14 p.m. | First trade 20% above the previous close of $16.67 |
| 1:53 p.m. | High of the day to the close, $20.64 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $19.86, 3.8% 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
- $16.67
- Open, 9:30 a.m.
- $17.17
- Gap at the open
- +3.0%
- Pre-market high
- $17.49 at 8:51 a.m.
- High, 4 a.m. to 4 p.m.
- $20.64 at 1:53 p.m.
- Low, 4 a.m. to 4 p.m.
- $16.67
- Close, 4 p.m.
- $19.86
- Change at 4 p.m.
- +19.1%
- After-hours high, 4 p.m. to 8 p.m.
- $20.20 at 4:48 p.m.
- Volume, 4 a.m. to 4 p.m.
- 741,271
- Volume after hours, 4 p.m. to 8 p.m.
- 56,469
- Relative volume by 8 p.m.
- 5.1×
- Float
- 8.60 million shares, from filings as of August 21, 2026
- Shares outstanding
- 30.46 million
- Volume, from the one-minute bars: 241 shares before the 9:30 a.m. open (0%), 36,225 in the first 30 minutes (5%), and 761,274 in the rest of the day to 8 p.m. (95%).
- Other days ELMT met the small-cap rule in our recaps: 1, the latest on September 14, 2026.
On the day's lists: the gainers. It is here because it met the small-cap rule on the gainers: 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 ELMT 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 ELMT on August 21, 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.