Hindsight Markets Recaps Small-cap stocks on September 3, 2026
AEHL, September 3: a gap that faded
AEHL opened up 48%, then faded below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $8.69, on 4.5M shares.
The open
It opened up 48%, at $8.04.
The close
It closed at $7.46, 14% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 48.1% to $8.04 at the open and traded below the open by 4:00 p.m., at $7.46.
| Time (ET) | What happened |
|---|---|
| 7:18 a.m. | First trade 20% above the previous close of $5.43 |
| 7:59 a.m. | Volume since 4:00 a.m. passes the whole float, 938,191 shares |
| 9:17 a.m. | Pre-market high, $8.69 |
| 9:17 a.m. | High of the day to the close, $8.69 |
| 9:30 a.m. | The open: $8.04, up 48.1% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $7.46, 14.2% 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
- $5.43
- Open, 9:30 a.m.
- $8.04
- Gap at the open
- +48.1%
- Pre-market high
- $8.69 at 9:17 a.m.
- High, 4 a.m. to 4 p.m.
- $8.69 at 9:17 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.32
- Close, 4 p.m.
- $7.46
- Change at 4 p.m.
- +37.4%
- After-hours high, 4 p.m. to 8 p.m.
- $8.18 at 4:30 p.m.
- Volume, 4 a.m. to 4 p.m.
- 8.57 million
- Volume after hours, 4 p.m. to 8 p.m.
- 342,696
- Relative volume by 8 p.m.
- 6.1×
- Float
- 938,191 shares, from filings as of September 3, 2026
- Shares outstanding
- 1.31 million
- Volume, from the one-minute bars: 4.46 million shares before the 9:30 a.m. open (50%), 1.61 million in the first 30 minutes (18%), and 2.84 million in the rest of the day to 8 p.m. (32%).
- Float rotation, the volume since 4 a.m. against the float of 938,191 shares: past it once at 7:59 a.m., twice at 8:18 a.m., three times at 8:41 a.m.
- Other days AEHL met the small-cap rule in our recaps: 9, the latest on October 14, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 AEHL 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 AEHL on September 3, 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.