Hindsight Markets Recaps Small-cap stocks on September 10, 2026
TPET, September 10: a run to $2.34
TPET opened up 16%, ran to $2.34, then fell 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 $2.25, on 2.7M shares.
The open
It opened up 16%, at $2.10. It ran to $2.34 by 10:19 a.m.
The close
It closed at $1.99, 15% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 16.0% to $2.10 at the open, ran from the open to the high of $2.34 in 49 minutes, then gave back 146% of that move by 4:00 p.m., trading at $1.99, below the open.
| Time (ET) | What happened |
|---|---|
| 8:49 a.m. | First trade 20% above the previous close of $1.81 |
| 8:58 a.m. | Pre-market high, $2.25 |
| 9:30 a.m. | The open: $2.10, up 16.0% from the previous close |
| 10:19 a.m. | High of the day to the close, $2.34 |
| 10:53 a.m. | Volume since 4:00 a.m. passes the whole float, 5.32 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.99, 15.0% 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
- $1.81
- Open, 9:30 a.m.
- $2.10
- Gap at the open
- +16.0%
- Pre-market high
- $2.25 at 8:58 a.m.
- High, 4 a.m. to 4 p.m.
- $2.34 at 10:19 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.79
- Close, 4 p.m.
- $1.99
- Change at 4 p.m.
- +9.9%
- After-hours high, 4 p.m. to 8 p.m.
- $2.23 at 5:46 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.08 million
- Volume after hours, 4 p.m. to 8 p.m.
- 255,795
- Relative volume by 8 p.m.
- 91.5×
- Float
- 5.32 million shares, from filings as of September 10, 2026
- Shares outstanding
- 5.32 million
- Volume, from the one-minute bars: 2.66 million shares before the 9:30 a.m. open (42%), 1.28 million in the first 30 minutes (20%), and 2.40 million in the rest of the day to 8 p.m. (38%).
- Float rotation, the volume since 4 a.m. against the float of 5.32 million shares: past it once at 10:53 a.m.
- In our recaps, this is the only day TPET met the small-cap rule.
On the day's lists: the pre-market gappers, intraday runners, after-hours movers. 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 TPET 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 TPET on September 10, 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.