Hindsight Markets Recaps Small-cap stocks on September 2, 2026
GELS, September 2: a run to $0.82
GELS opened near its previous close, then ran to $0.82 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $0.80, on 15M shares.
The open
It opened near its previous close, at $0.5684. It ran to $0.82 by 1:03 p.m.
The close
It closed at $0.687, 16% 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 6.8% at $0.5684, then ran from the open to the high of $0.82 in 213 minutes.
| Time (ET) | What happened |
|---|---|
| 5:11 a.m. | First trade 20% above the previous close of $0.532 |
| 5:59 a.m. | Pre-market high, $0.80 |
| 5:59 a.m. | Volume since 4:00 a.m. passes the whole float, 6.78 million shares |
| 9:30 a.m. | The open: $0.5684, up 6.8% from the previous close |
| 1:03 p.m. | High of the day to the close, $0.82 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.687, 16.2% 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
- $0.532
- Open, 9:30 a.m.
- $0.5684
- Gap at the open
- +6.8%
- Pre-market high
- $0.80 at 5:59 a.m.
- High, 4 a.m. to 4 p.m.
- $0.82 at 1:03 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.5301
- Close, 4 p.m.
- $0.687
- Change at 4 p.m.
- +29.1%
- After-hours high, 4 p.m. to 8 p.m.
- $1.10 at 6:16 p.m.
- Volume, 4 a.m. to 4 p.m.
- 24.81 million
- Volume after hours, 4 p.m. to 8 p.m.
- 7.42 million
- Relative volume by 8 p.m.
- n/m
- Float
- 6.78 million shares, from filings as of September 2, 2026
- Shares outstanding
- 10.71 million
- Volume, from the one-minute bars: 15.38 million shares before the 9:30 a.m. open (48%), 1.30 million in the first 30 minutes (4%), and 15.55 million in the rest of the day to 8 p.m. (48%).
- Float rotation, the volume since 4 a.m. against the float of 6.78 million shares: past it once at 5:59 a.m., twice at 7:01 a.m., three times at 12:59 p.m.
- Other days GELS met the small-cap rule in our recaps: 1, the latest on September 3, 2026.
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 GELS 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 GELS on September 2, 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.