Hindsight Markets Recaps Small-cap stocks on October 2, 2026
ZNB, October 2: a 5-minute halt, $1.94, and the wall at $1.47
ZNB opened near its previous close, then ran to $1.94 through one halt during the session.
What happened
Draft for review. Not published.
No news, then a halt
No news showed in the data. ZNB sat near $1.12, then ran from 11:37. A volatility pause froze it at $1.85 at 11:46:28.
Stop It's 11:51. ZNB has been halted since 11:46 with the last trade at $1.85, and the pause is about to end. About 107,000 shares were bid at $1.85 at 11:46:23, just before the halt. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 11:48 a.m. and stop at 11:51 a.m. ET for your call.
It reopened at $1.85 at 11:51:28, and a 113K-share print hit the bid. That minute made the high of the day, $1.94, then closed at $1.59.
The wall at $1.47
It slid to $1.19 by 1:08. A 48K-share offer had sat at $1.47 since 12:27.
Stop It's 2:58. ZNB is at $1.42, coming off a slow afternoon grind from $1.19. A large offer has sat at $1.47 since 12:27. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:55 p.m. and stop at 2:58 p.m. ET for your call.
At 2:58:58 buyers ate it: 33K shares in 8.7 seconds.
The close
It ended the session near $1.51, 22% under the high.
What to take from it: The reopen fill cost more than the screen showed, and a wall that held for hours broke in seconds.
Replay ZNB's day
It starts at 11:34 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:37 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 6.0% at $1.09, then ran from the open to the high of $1.94 in 141 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:50 a.m. | Pre-market high, $1.18 | |
| 9:30 a.m. | The open: $1.09, down 6.0% from the previous close | |
| 11:40 a.m. | First trade 20% above the previous close of $1.16 | |
| 11:51 a.m. | High of the day to the close, $1.94 | |
| 11:57 a.m. | Volume since 4:00 a.m. passes the whole float, 4.67 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.51, 21.9% 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
- $1.16
- Open, 9:30 a.m.
- $1.09
- Gap at the open
- −6.0%
- Pre-market high
- $1.18 at 8:50 a.m.
- High, 4 a.m. to 4 p.m.
- $1.94 at 11:51 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.07
- Close, 4 p.m.
- $1.51
- Change at 4 p.m.
- +30.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.54 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 12.21 million
- Volume after hours, 4 p.m. to 8 p.m.
- 657,166
- Relative volume by 8 p.m.
- 856.6×
- Float
- 4.67 million shares, from filings as of October 2, 2026
- Shares outstanding
- 4.86 million
- Volume, from the one-minute bars: 5,321 shares before the 9:30 a.m. open (0%), 138 in the first 30 minutes (0%), and 12.86 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 4.67 million shares: past it once at 11:57 a.m., twice at 1:03 p.m.
- Other days ZNB met the small-cap rule in our recaps: 2, the latest on November 3, 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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 11:46 a.m. | 11:51 a.m. | 5 min 0 s | up 35.0% | $1.85, unchanged | down 6.5% | LULD pause (limit up-limit down) |
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 ZNB on October 2, 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.