Hindsight Markets Recaps Small-cap stocks on October 1, 2026
XRPN, October 1: news and $23.99
XRPN opened near its previous close after news, then ran to $23.99 during the session.
News via Stock News API
What happened
Before the open
The news came first: news at 8:00 a.m. Before the bell it reached $17.17, on 67K shares.
The open
It opened near its previous close, at $15.95. It ran to $23.99 by 3:44 p.m.
The close
It closed at $23.21, near its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 2.7% at $15.95, then ran from the open to the high of $23.99 in 374 minutes.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | Pre-market high, $17.17 |
| 7:55 a.m. | SEC filing 8-K: 8-K |
| 7:57 a.m. | SEC filing 425: 425 |
| 8:00 a.m. | News (PRNewsWire): Shareholders Approve Evernorth Business Combination; Transaction and Related Private Placements Have Raised Over $1 Billion; Nasdaq Trading Under "XRPN" Expected to Begin on October 8 |
| 9:30 a.m. | The open: $15.95, down 2.7% from the previous close |
| 12:38 p.m. | First trade 20% above the previous close of $16.40 |
| 3:44 p.m. | High of the day to the close, $23.99 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $23.21, 3.3% 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
- $16.40
- Open, 9:30 a.m.
- $15.95
- Gap at the open
- −2.7%
- Pre-market high
- $17.17 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $23.99 at 3:44 p.m.
- Low, 4 a.m. to 4 p.m.
- $15.21
- Close, 4 p.m.
- $23.21
- Change at 4 p.m.
- +41.5%
- After-hours high, 4 p.m. to 8 p.m.
- $26.79 at 5:36 p.m.
- Volume, 4 a.m. to 4 p.m.
- 978,775
- Volume after hours, 4 p.m. to 8 p.m.
- 193,782
- Relative volume by 8 p.m.
- 5.5×
- Float
- 23.31 million shares, from filings as of October 1, 2026
- Shares outstanding
- 31.59 million
- From news to the move: the first trade 20% above the previous close came 4 hours 38 minutes after the latest news item before it (PRNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 66,544 shares before the 9:30 a.m. open (6%), 92,019 in the first 30 minutes (8%), and 1.01 million in the rest of the day to 8 p.m. (86%).
- Other days XRPN met the small-cap rule in our recaps: 4, the latest on October 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 (none)
The exchange's halt feed shows no halts for XRPN 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 XRPN on October 1, 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.