Hindsight Markets Recaps Small-cap stocks on September 28, 2026
LFCR, September 28: a DEFA14A, one halt, and a gap that held
LFCR opened up 55% after a DEFA14A and held near that level into the close.
News via Stock News API
What happened
Before the open
The news came first: a DEFA14A at 8:56 a.m. Before the bell it reached $4.30, on 830 shares.
The open
It opened up 55%, at $6.52.
The halts
Trading stopped once, at 8:40 a.m. The biggest jump was the reopen after 8:40 a.m.: 52% above the last trade before it.
The close
It closed at $6.53, near its high.
What to take from it: The gap was the move. After the open it went sideways.
The details
How it traded, step by step
Gap and hold. It gapped up 55.2% to $6.52 at the open and held near or above it, trading at $6.53 at 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 7:00 a.m. | Pre-market high, $4.30 |
| 8:45 a.m. | News (GlobeNewsWire): Lifecore Biomedical to be Acquired by Webster Equity Partners |
| 8:53 a.m. | SEC filing 8-K: 8-K |
| 8:56 a.m. | SEC filing DEFA14A: DEFA 14A |
| 9:55 a.m. | First trade 20% above the previous close of $4.20 |
| 9:55 a.m. | The open: $6.52, up 55.2% from the previous close |
| 10:31 a.m. | High of the day to the close, $6.63 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.53, 1.6% 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
- $4.20
- Open, 9:30 a.m.
- $6.52
- Gap at the open
- +55.2%
- Pre-market high
- $4.30 at 7:00 a.m.
- High, 4 a.m. to 4 p.m.
- $6.63 at 10:31 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.30
- Close, 4 p.m.
- $6.53
- Change at 4 p.m.
- +55.4%
- After-hours high, 4 p.m. to 8 p.m.
- $6.65 at 4:08 p.m.
- Volume, 4 a.m. to 4 p.m.
- 2.11 million
- Volume after hours, 4 p.m. to 8 p.m.
- 35,834
- Relative volume by 8 p.m.
- 20.9×
- Float
- 26.34 million shares, from filings as of September 28, 2026
- Shares outstanding
- 37.85 million
- From news to the move: the first trade 20% above the previous close came 58 minutes after the latest SEC filing before it (DEFA14A, 8:56 a.m.).
- Volume, from the one-minute bars: 830 shares before the 9:30 a.m. open (0%), 335,039 in the first 30 minutes (16%), and 1.81 million in the rest of the day to 8 p.m. (84%).
- In our recaps, this is the only day LFCR met the small-cap rule.
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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 8:40 a.m. | 9:55 a.m. | 75 min 1 s | unchanged | $6.52, up 51.6% | down 0.9% | News pending |
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 LFCR 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.