Hindsight Markets Recaps Small-cap stocks on August 28, 2026
AREN, August 28: news and $1.37
AREN opened near its previous close after news, then ran to $1.37 during the session.
News via Stock News API
What happened
Before the open
The news came first: news at 8:30 a.m. Before the bell it reached $1.02, on 115 shares.
The open
It opened near its previous close, at $1.00. It ran to $1.37 by 10:47 a.m.
The close
It closed at $1.10, 19% under 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 6.4% at $1.00, then ran from the open to the high of $1.37 in 77 minutes.
| Time (ET) | What happened |
|---|---|
| 8:30 a.m. | News (Business Wire): The Arena Group d/b/a Paradium.AI Completes Name Change, Will Trade Under New Stock Ticker PAAI Effective August 31, 2026 |
| 9:14 a.m. | Pre-market high, $1.02 |
| 9:30 a.m. | The open: $1.00, up 6.4% from the previous close |
| 10:26 a.m. | First trade 20% above the previous close of $0.94 |
| 10:47 a.m. | High of the day to the close, $1.37 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.10, 19.3% 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
- $0.94
- Open, 9:30 a.m.
- $1.00
- Gap at the open
- +6.4%
- Pre-market high
- $1.02 at 9:14 a.m.
- High, 4 a.m. to 4 p.m.
- $1.37 at 10:47 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.91
- Close, 4 p.m.
- $1.10
- Change at 4 p.m.
- +17.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.30 at 5:47 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.01 million
- Volume after hours, 4 p.m. to 8 p.m.
- 266,720
- Relative volume by 8 p.m.
- 113.6×
- Float
- not available
- Shares outstanding
- not available
- From news to the move: the first trade 20% above the previous close came 1 hour 56 minutes after the latest news item before it (Business Wire, 8:30 a.m.).
- Volume, from the one-minute bars: 115 shares before the 9:30 a.m. open (0%), 26,438 in the first 30 minutes (0%), and 7.25 million in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day AREN 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 AREN 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 AREN on August 28, 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.