Hindsight Markets Recaps Small-cap stocks on September 17, 2026
AEMD, September 17: news and $14.00
AEMD more than tripled at the open after news, ran to $9.50, then fell below its open by the close.
News via Stock News API
What happened
Before the open
The news came first: news at 6:30 a.m. Before the bell it reached $14.00, on 29M shares.
The open
It more than tripled at the open, at $8.55. It ran to $9.50 by 9:31 a.m.
The close
It closed at $6.76, 52% 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 497.9% to $8.55 at the open, ran from the open to the high of $9.50 in 1 minute, then gave back 288% of that move by 4:00 p.m., trading at $6.76, below the open.
| Time (ET) | What happened |
|---|---|
| 6:30 a.m. | News (PRNewsWire): Aethlon Medical & North Immunology Announce Merger to Advance Novel IL-13 x IL-18 Bispecific Antibody for Atopic Dermatitis |
| 6:30 a.m. | First trade 20% above the previous close of $1.43 |
| 6:34 a.m. | Volume since 4:00 a.m. passes the whole float, 1.60 million shares |
| 6:43 a.m. | Pre-market high, $14.00 |
| 6:43 a.m. | High of the day to the close, $14.00 |
| 9:30 a.m. | The open: $8.55, up 497.9% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.76, 51.7% 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
- $1.43
- Open, 9:30 a.m.
- $8.55
- Gap at the open
- +497.9%
- Pre-market high
- $14.00 at 6:43 a.m.
- High, 4 a.m. to 4 p.m.
- $14.00 at 6:43 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.25
- Close, 4 p.m.
- $6.76
- Change at 4 p.m.
- +372.7%
- After-hours high, 4 p.m. to 8 p.m.
- $7.00 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 47.42 million
- Volume after hours, 4 p.m. to 8 p.m.
- 790,297
- Relative volume by 8 p.m.
- 33.1×
- Float
- 1.60 million shares, from filings as of September 17, 2026
- Shares outstanding
- 1.60 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (PRNewsWire, 6:30 a.m.).
- Volume, from the one-minute bars: 29.43 million shares before the 9:30 a.m. open (61%), 6.34 million in the first 30 minutes (13%), and 12.44 million in the rest of the day to 8 p.m. (26%).
- Float rotation, the volume since 4 a.m. against the float of 1.60 million shares: past it once at 6:34 a.m., twice at 6:38 a.m., three times at 6:42 a.m.
- Other days AEMD met the small-cap rule in our recaps: 2, the latest on August 28, 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 AEMD 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 AEMD on September 17, 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.