Hindsight Markets Recaps Small-cap stocks on September 28, 2026
FFAI, September 28: news and an after-hours run to $2.39
FFAI barely moved in the regular session after news, then ran to $2.39 after the close.
News via Stock News API
What happened
Before the open
The news came first: news at 5:00 p.m. Before the bell it reached $1.85, on 376K shares.
The open
It opened near its previous close, at $1.75.
The close
It closed at $1.41, 24% under its high. After the close it ran to $2.39 by 5:04 p.m.
What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.
The details
How it traded, step by step
After-hours run. It opened up 8.7% at $1.75 and traded at $1.41 at the 4:00 p.m. close, then ran 70.1% from $1.41 to $2.39 at 5:04 p.m. after the close, on 7.37 million shares traded after hours.
| Time (ET) | What happened |
|---|---|
| Sep 27, 11:27 p.m. | News (Business Wire): Faraday Future Announces This Week's Investor Weekly Report From YT Jia Has Been Rescheduled to September 28; FF EAI “Built in USA” Upstream & Downstream Business Partner Conference Part Two to Be Held September 29 |
| 4:00 a.m. | Pre-market high, $1.85 |
| 4:00 a.m. | High of the day to the close, $1.85 |
| 9:30 a.m. | The open: $1.75, up 8.7% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.41, 24.1% below the high |
| 5:00 p.m. | News (Business Wire): Faraday Future Announces Strategic Upgrade into Robotaxi and EAI Cabin Technology Operator and Physical AI Investment Holding Company; To Combine Its Robotics Business at Approx. $200 Million Valuation with AIxC (soon FFR) for a Standalone Listing |
| 5:00 p.m. | News (PRNewsWire): AIxCrypto Holdings (NASDAQ: AIXC soon to be traded under FFR), Signs Term Sheet with Faraday Future to Acquire its Robotics Business at an Estimated $200 Million Valuation, Aiming to be the First Nasdaq-Listed Pure-Play Robotics Ecosystem Company |
| 5:00 p.m. | First trade 20% above the previous close of $1.61 |
| 5:20 p.m. | Volume since 4:00 a.m. passes the whole float, 6.09 million shares |
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
- $1.61
- Open, 9:30 a.m.
- $1.75
- Gap at the open
- +8.7%
- Pre-market high
- $1.85 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $1.85 at 4:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.34
- Close, 4 p.m.
- $1.41
- Change at 4 p.m.
- −12.7%
- After-hours high, 4 p.m. to 8 p.m.
- $2.39 at 5:04 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.65 million
- Volume after hours, 4 p.m. to 8 p.m.
- 7.37 million
- Relative volume by 8 p.m.
- 12.7×
- Float
- 6.09 million shares, from filings as of September 28, 2026
- Shares outstanding
- 6.13 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 (Business Wire, 5:00 p.m.).
- Volume, from the one-minute bars: 375,742 shares before the 9:30 a.m. open (4%), 535,692 in the first 30 minutes (6%), and 8.11 million in the rest of the day to 8 p.m. (90%).
- Float rotation, the volume since 4 a.m. against the float of 6.09 million shares: past it once at 5:20 p.m.
- Other days FFAI met the small-cap rule in our recaps: 4, the latest on October 14, 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 FFAI 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 FFAI on September 28, 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.