Hindsight Markets Recaps Small-cap stocks on September 17, 2026
NUWE, September 17: the 8:40 spike, $1.45, and a $1.01 bid that traded through
NUWE opened near its previous close after news, then ran to $1.45 during the session.
News via Stock News API
What happened
Draft for review. Not published.
News at 8:30
A sales update hit at 8:30 a.m. and lit up the stock. By 9:03, more shares had traded than the whole float.
A wall at $1.00
A bid wall showed at $1.00 at 10:44:45.
Stop It's 10:45. NUWE is at $1.09, a cent under the pre-market high of $1.10. It's up from $0.97 at 10:40, and the 10:44 minute traded 41,420 shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:42 a.m. and stop at 10:45 a.m. ET for your call.
It broke the $1.10 high and hit $1.45 in the 10:50 minute. At 10:50:25 a 44K-share sell order hit. Within a minute it was at $1.20.
The $1.01 bid
Stop It's 11:19. NUWE is at $1.01, down from the $1.45 high at 10:50. A large bid has been stacked at exactly $1.01 since 11:18. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:16 a.m. and stop at 11:19 a.m. ET for your call.
The bid did not hold. 75K shares traded into it in under 10 seconds, and it was gone. The stock fell to $0.8553 by 11:45 and closed at $1.10.
What to take from it: A big bid can trade away in seconds; it is not a floor.
Replay NUWE's day
It starts at 10:31 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:34 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Intraday run. It opened up 5.0% at $0.8557, then ran from the open to the high of $1.45 in 80 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:30 a.m. | News (GlobeNewsWire): Nuwellis Reports Strong Aquadex Console Adoption, with 31 Aquadex SmartFlow Consoles Sold Year-to-Date, Meaningfully Expanding Recurring Revenue Opportunity | |
| 8:40 a.m. | First trade 20% above the previous close of $0.815 | |
| 8:40 a.m. | Pre-market high, $1.10 | |
| 9:03 a.m. | Volume since 4:00 a.m. passes the whole float, 3.65 million shares | |
| 9:30 a.m. | The open: $0.8557, up 5.0% from the previous close | |
| 10:50 a.m. | High of the day to the close, $1.45 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.10, 24.1% 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
- $0.815
- Open, 9:30 a.m.
- $0.8557
- Gap at the open
- +5.0%
- Pre-market high
- $1.10 at 8:40 a.m.
- High, 4 a.m. to 4 p.m.
- $1.45 at 10:50 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.7587
- Close, 4 p.m.
- $1.10
- Change at 4 p.m.
- +35.0%
- After-hours high, 4 p.m. to 8 p.m.
- $1.20 at 5:52 p.m.
- Volume, 4 a.m. to 4 p.m.
- 16.91 million
- Volume after hours, 4 p.m. to 8 p.m.
- 645,042
- Relative volume by 8 p.m.
- 32.3×
- Float
- 3.65 million shares, from filings as of September 17, 2026
- Shares outstanding
- 3.65 million
- From news to the move: the first trade 20% above the previous close came 10 minutes after the latest news item before it (GlobeNewsWire, 8:30 a.m.).
- Volume, from the one-minute bars: 3.96 million shares before the 9:30 a.m. open (23%), 373,995 in the first 30 minutes (2%), and 13.22 million in the rest of the day to 8 p.m. (75%).
- Float rotation, the volume since 4 a.m. against the float of 3.65 million shares: past it once at 9:03 a.m., twice at 10:50 a.m., three times at 10:59 a.m.
- Other days NUWE met the small-cap rule in our recaps: 4, the latest on October 29, 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 NUWE 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 NUWE 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.