Hindsight Markets Recaps Small-cap stocks on October 7, 2026
ERNA, October 7: a run to $2.51
ERNA opened near its previous close, then ran to $2.51 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $2.27, on 610 shares.
The open
It opened near its previous close, at $2.25. It ran to $2.51 by 9:30 a.m.
The close
It closed at $2.31, 8% under 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 up 0.0% at $2.25, then ran from the open to the high of $2.51 in 1 minute.
| Time (ET) | What happened |
|---|---|
| 9:25 a.m. | Pre-market high, $2.27 |
| 9:30 a.m. | The open: $2.25, up 0.0% from the previous close |
| 9:30 a.m. | High of the day to the close, $2.51 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.31, 8.0% below the high |
| 4:36 p.m. | First trade 20% above the previous close of $2.25 |
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
- $2.25
- Open, 9:30 a.m.
- $2.25
- Gap at the open
- +0.0%
- Pre-market high
- $2.27 at 9:25 a.m.
- High, 4 a.m. to 4 p.m.
- $2.51 at 9:30 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.07
- Close, 4 p.m.
- $2.31
- Change at 4 p.m.
- +2.7%
- After-hours high, 4 p.m. to 8 p.m.
- $3.27 at 4:59 p.m.
- Volume, 4 a.m. to 4 p.m.
- 13,211
- Volume after hours, 4 p.m. to 8 p.m.
- 398,701
- Relative volume by 8 p.m.
- 15.7×
- Float
- 1.36 million shares, from filings as of October 7, 2026
- Shares outstanding
- 1.63 million
- Volume, from the one-minute bars: 610 shares before the 9:30 a.m. open (0%), 711 in the first 30 minutes (0%), and 410,591 in the rest of the day to 8 p.m. (100%).
- Other days ERNA met the small-cap rule in our recaps: 1, the latest on September 15, 2026.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, 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 ERNA 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 ERNA on October 7, 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.