Hindsight Markets Recaps Small-cap stocks on September 28, 2026
MTEK, September 28: a 7:35 headline, $1.94, and a slow fade to $0.97
MTEK opened near its previous close after news, then ran to $1.10 during the session.
News via Stock News API
What happened
Draft for review. Not published.
The headline
The news lit it up. At 7:35 a.m. came a record $10 million order. It ran from $1.17 to $1.85 by 7:40 and topped at $1.94 at 7:53.
Bids on the slide
On the way down, big bids broke fast. A 57K-share bid at $1.43 was eaten at 8:10:42, with 42K shares traded there in 5 seconds.
Stop It's 8:15. MTEK is at $1.36. It was $1.94 at 7:53. A bid wall of about 50,000 shares sits at $1.32 and another at $1.33, which peaked at about 63,000 shares at 8:00. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:12 a.m. and stop at 8:15 a.m. ET for your call.
Both broke within seconds: $1.33 at 8:15:31, $1.32 at 8:15:41. It hit $1.29, 34% off the high.
The $1.08 wall
From 8:41 a bid built at $1.08, peaking near 46K shares.
Stop It's 8:47. MTEK is at $1.10. It was $1.94 at 7:53. A bid wall of about 46,000 shares sits at $1.08. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:44 a.m. and stop at 8:47 a.m. ET for your call.
Sellers ate it too: 42K shares traded at $1.08 in 14 seconds. It opened at $1.00 and closed at $0.97, half its high.
What to take from it: On this fade, every big bid got eaten by sellers within seconds.
Replay MTEK's day
It starts at 7:31 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:34 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 9.9% at $1.00, then ran from the open to the high of $1.10 in 8 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:35 a.m. | News (GlobeNewsWire): Maris-Tech Receives Record US$10 Million Order - Its Largest-Ever Contract - for Advanced Video Systems on Next-Generation Airborne Defense Platforms | |
| 7:35 a.m. | First trade 20% above the previous close of $1.11 | |
| 7:44 a.m. | Volume since 4:00 a.m. passes the whole float, 5.06 million shares | |
| 7:53 a.m. | Pre-market high, $1.94 | |
| 7:53 a.m. | High of the day to the close, $1.94 | |
| 9:30 a.m. | The open: $1.00, down 9.9% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.9705, 50.0% 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
- $1.11
- Open, 9:30 a.m.
- $1.00
- Gap at the open
- −9.9%
- Pre-market high
- $1.94 at 7:53 a.m.
- High, 4 a.m. to 4 p.m.
- $1.94 at 7:53 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.93
- Close, 4 p.m.
- $0.9705
- Change at 4 p.m.
- −12.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.01 at 7:32 p.m.
- Volume, 4 a.m. to 4 p.m.
- 22.88 million
- Volume after hours, 4 p.m. to 8 p.m.
- 355,724
- Relative volume by 8 p.m.
- 1313.7×
- Float
- 5.06 million shares, from filings as of September 28, 2026
- Shares outstanding
- 10.56 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 (GlobeNewsWire, 7:35 a.m.).
- Volume, from the one-minute bars: 20.93 million shares before the 9:30 a.m. open (90%), 791,259 in the first 30 minutes (3%), and 1.52 million in the rest of the day to 8 p.m. (7%).
- Float rotation, the volume since 4 a.m. against the float of 5.06 million shares: past it once at 7:44 a.m., twice at 7:54 a.m., three times at 8:14 a.m.
- In our recaps, this is the only day MTEK 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 (none)
The exchange's halt feed shows no halts for MTEK 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 MTEK 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.