Hindsight Markets Recaps Small-cap stocks on September 24, 2026
VBIO, September 24: $4.86 at 8:14 a.m., $3.46 at the close
VBIO opened near its previous close, then ran to $3.78 during the session.
What happened
Draft for review. Not published.
The pre-market spike
The only news was a day old: a new interim CEO, announced on the 23rd. VBIO closed that day at $2.73. On the 24th it sat near $2.90 with almost no volume until 8:12.
Stop It's 8:13. VBIO is at $3.10, up from a $2.73 previous close. At 8:11 it was $2.89. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:10 a.m. and stop at 8:13 a.m. ET for your call.
The 8:13 minute ran to $4.13. At 8:14 it hit $4.86, the day's high, on 520K shares. Then big sell orders tore through the book. By 8:26 it was down to $2.60, below the prior close.
Bids pulled at the open
Two big bids sat under the price before the bell, and both left. A 39K-share bid at $2.52 was pulled at 9:18:01. A 36K-share bid at $2.59 was pulled at 9:30:20, twenty seconds after the open.
It opened at $2.60. By 9:43 it fell to $2.32, the low.
The second push
It climbed back to $3.38 by 1:06 p.m.
Stop It's 1:07 p.m. VBIO is at $3.38. A minute ago it was $3.21, and at 12:50 it was $2.96. Would you chase it here?
Press play: the real Level 2, tape and chart run from 1:04 p.m. and stop at 1:07 p.m. ET for your call.
It topped at $3.78 that minute, well under $4.86. It slid to $2.84 by 1:25. A slow afternoon climb took it to a $3.46 close, up 27% on the day.
What to take from it: The real move was over by 8:15; the later push topped out lower.
Replay VBIO's day
It starts at 7:55 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:58 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 down 4.8% at $2.60, then ran from the open to the high of $3.78 in 217 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:13 a.m. | First trade 20% above the previous close of $2.73 | |
| 8:14 a.m. | Pre-market high, $4.86 | |
| 8:14 a.m. | High of the day to the close, $4.86 | |
| 8:15 a.m. | Volume since 4:00 a.m. passes the whole float, 763,037 shares | |
| 9:30 a.m. | The open: $2.60, down 4.8% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.46, 28.8% 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
- $2.73
- Open, 9:30 a.m.
- $2.60
- Gap at the open
- −4.8%
- Pre-market high
- $4.86 at 8:14 a.m.
- High, 4 a.m. to 4 p.m.
- $4.86 at 8:14 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.32
- Close, 4 p.m.
- $3.46
- Change at 4 p.m.
- +26.7%
- After-hours high, 4 p.m. to 8 p.m.
- $3.79 at 4:28 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.30 million
- Volume after hours, 4 p.m. to 8 p.m.
- 172,268
- Relative volume by 8 p.m.
- 35.4×
- Float
- 763,037 shares, from filings as of September 24, 2026
- Shares outstanding
- 887,590
- Volume, from the one-minute bars: 2.75 million shares before the 9:30 a.m. open (62%), 128,791 in the first 30 minutes (3%), and 1.59 million in the rest of the day to 8 p.m. (36%).
- Float rotation, the volume since 4 a.m. against the float of 763,037 shares: past it once at 8:15 a.m., twice at 8:18 a.m., three times at 8:25 a.m.
- Other days VBIO met the small-cap rule in our recaps: 5, the latest on October 26, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 VBIO 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 VBIO on September 24, 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.