Hindsight Markets Recaps Small-cap stocks on September 23, 2026
LXEH, September 23: $3.39 at 4:16 a.m. and two halts
LXEH opened up 23%, ran to $2.50 through two halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A 4 a.m. spike
With no news in our data, LXEH ran from a $1.37 close to $3.39 in the 4:16 minute. It was back at $1.98 by 4:24. A 48K-share bid at $2.00 was pulled at 5:43:38.
A wall it never reached
From 6:08 a.m., 75K shares sat for sale at $2.52, and the stock never traded up to it. It opened at $1.68 and slid to $1.43 at 9:53. The wall was pulled at 12:25:29.
Two halts
Stop It's 2:43 p.m. LXEH is at $1.86, up from $1.75 at 2:40, and volume is picking up. An ask wall sits at $2.65. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:40 p.m. and stop at 2:43 p.m. ET for your call.
That minute ran to $2.06. The $2.65 wall was pulled at 2:43:42, then the stock dipped to $1.82.
Stop It's 2:47 p.m. LXEH is at $2.10, after a dip to $1.82 at 2:45. An ask wall at $2.50 has been on the book since 6:31 a.m. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:44 p.m. and stop at 2:47 p.m. ET for your call.
It was halted at 2:47:45 at $2.34 and reopened at $2.43.
Halt #2 at 2:53:26 froze it at $1.94. It reopened 15% lower at $1.65 and traded as low as $1.46 by 3:08.
What to take from it: On this day, every push faded, and the halt reopens filled worse than the screen.
Replay LXEH's day
It starts at 2:32 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 2:35 p.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
Gap, run and fade. It gapped up 22.6% to $1.68 at the open, ran from the open to the high of $2.50 in 322 minutes through a halt, then gave back 114% of that move by 4:00 p.m., trading at $1.56, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:14 a.m. | First trade 20% above the previous close of $1.37 | |
| 4:16 a.m. | Pre-market high, $3.39 | |
| 4:16 a.m. | High of the day to the close, $3.39 | |
| 4:27 a.m. | Volume since 4:00 a.m. passes the whole float, 1.89 million shares | |
| 9:30 a.m. | The open: $1.68, up 22.6% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.56, 53.8% 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
- $1.37
- Open, 9:30 a.m.
- $1.68
- Gap at the open
- +22.6%
- Pre-market high
- $3.39 at 4:16 a.m.
- High, 4 a.m. to 4 p.m.
- $3.39 at 4:16 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.43
- Close, 4 p.m.
- $1.56
- Change at 4 p.m.
- +14.2%
- After-hours high, 4 p.m. to 8 p.m.
- $2.38 at 5:03 p.m.
- Volume, 4 a.m. to 4 p.m.
- 13.71 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.38 million
- Relative volume by 8 p.m.
- n/m
- Float
- 1.89 million shares, from filings as of September 23, 2026
- Shares outstanding
- 1.92 million
- Volume, from the one-minute bars: 11.35 million shares before the 9:30 a.m. open (75%), 271,717 in the first 30 minutes (2%), and 3.47 million in the rest of the day to 8 p.m. (23%).
- Float rotation, the volume since 4 a.m. against the float of 1.89 million shares: past it once at 4:27 a.m., twice at 4:40 a.m., three times at 4:57 a.m.
- Other days LXEH met the small-cap rule in our recaps: 1, the latest on August 7, 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 2:47 p.m. | 2:52 p.m. | 5 min 0 s | up 25.8% | $2.43, up 3.8% | down 20.2% | LULD pause (limit up-limit down) | |
| 2:53 p.m. | 3:03 p.m. | 10 min 0 s | down 17.1% | $1.65, down 14.9% | down 10.3% | LULD pause (limit up-limit down) |
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 LXEH on September 23, 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.