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Hindsight Markets Recaps Small-cap stocks on September 21, 2026

SCNI, September 21: a 6-K and a pre-market spike to $2.25

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SCNI spiked to $2.25 before the open after a 6-K, then gave much of it back in the session.

News via Stock News API

6-KNews$2.25$1.564 a.m.9:30noon4 p.m.8 p.m.
SCNI on September 21, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: a 6-K at 7:00 a.m. Before the bell it reached $2.25, on 7.1M shares.

The open

It opened near its previous close, at $1.71.

The close

It closed at $1.68, 25% under its high.

What to take from it: The move happened before the bell. The regular session never got back to the pre-market high.

The details

How it traded, step by step

Pre-market spike. Before the open it spiked 44.2% from $1.56 to $2.25 at 7:24 a.m.. It opened up 9.6% at $1.71 and traded at $1.68 at 4:00 p.m.

Time (ET)What happened
7:00 a.m.News (PRNewsWire): Scinai Regains Compliance with Nasdaq Minimum Bid Price Requirement
7:00 a.m.SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER
7:01 a.m.First trade 20% above the previous close of $1.56
7:05 a.m.Volume since 4:00 a.m. passes the whole float, 703,186 shares
7:24 a.m.Pre-market high, $2.25
7:24 a.m.High of the day to the close, $2.25
9:30 a.m.The open: $1.71, up 9.6% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $1.68, 25.3% 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
$1.56
Open, 9:30 a.m.
$1.71
Gap at the open
+9.6%
Pre-market high
$2.25 at 7:24 a.m.
High, 4 a.m. to 4 p.m.
$2.25 at 7:24 a.m.
Low, 4 a.m. to 4 p.m.
$1.53
Close, 4 p.m.
$1.68
Change at 4 p.m.
+7.7%
After-hours high, 4 p.m. to 8 p.m.
$1.78 at 5:58 p.m.
Volume, 4 a.m. to 4 p.m.
8.66 million
Volume after hours, 4 p.m. to 8 p.m.
128,715
Relative volume by 8 p.m.
6.7×
Float
703,186 shares, from filings as of September 21, 2026
Shares outstanding
706,586
  • From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (6-K, 7:00 a.m.).
  • Volume, from the one-minute bars: 7.07 million shares before the 9:30 a.m. open (80%), 704,206 in the first 30 minutes (8%), and 1.01 million in the rest of the day to 8 p.m. (12%).
  • Float rotation, the volume since 4 a.m. against the float of 703,186 shares: past it once at 7:05 a.m., twice at 7:10 a.m., three times at 7:17 a.m.
  • Other days SCNI met the small-cap rule in our recaps: 4, the latest on October 13, 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 SCNI 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.

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