Hindsight Markets Recaps Small-cap stocks on October 7, 2026
IRIX, October 7: three Form 4s, one halt, and $1.02
IRIX opened near its previous close after a Form 4, then ran to $1.02 through one halt during the session.
What happened
Draft for review. Not published.
Filings, then a slow climb
Three Form 4 filings came out before 6:10 a.m., but little traded. It opened at $0.69, near the $0.68 close.
Late morning it climbed, from $0.71 at 11:36 to $0.85. Then one minute traded 56K shares, the most so far.
Stop It's 12:43. IRIX is at $0.80, up from $0.71 at 11:36. The 12:39 minute traded 55,527 shares, more than any minute so far. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:40 p.m. and stop at 12:43 p.m. ET for your call.
$1.02, then the halt
That volume came before the real run. It hit $1.02 at 12:44.
Later pushes stopped lower. At 12:54:48 it was halted at $0.77.
Stop It's 12:59. IRIX last traded at $0.77 and has been halted for about four minutes, after falling from $1.02 at 12:44. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 12:56 p.m. and stop at 12:59 p.m. ET for your call.
It reopened at 12:59:48 with a 42K-share print at $0.75, 3% lower. By 1:10 it was $0.66.
A late bounce
It closed the session at $0.86. After hours it hit the day's high, $1.08, then fell to $0.78.
What to take from it: Here the halt reopened below where it stopped, and the slide kept going.
Replay IRIX's day
It starts at 12:26 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:29 p.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 up 0.8% at $0.6854, then ran from the open to the high of $1.02 in 194 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:04 a.m. | SEC filing 4: STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | |
| 6:08 a.m. | SEC filing 4: STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | |
| 6:10 a.m. | SEC filing 4: STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | |
| 8:07 a.m. | Pre-market high, $0.747 | |
| 9:30 a.m. | The open: $0.6854, up 0.8% from the previous close | |
| 12:36 p.m. | First trade 20% above the previous close of $0.68 | |
| 12:44 p.m. | High of the day to the close, $1.02 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.86, 15.7% 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
- $0.68
- Open, 9:30 a.m.
- $0.6854
- Gap at the open
- +0.8%
- Pre-market high
- $0.747 at 8:07 a.m.
- High, 4 a.m. to 4 p.m.
- $1.02 at 12:44 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.6605
- Close, 4 p.m.
- $0.86
- Change at 4 p.m.
- +26.5%
- After-hours high, 4 p.m. to 8 p.m.
- $1.08 at 4:22 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.27 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.94 million
- Relative volume by 8 p.m.
- 370.7×
- Float
- 16.93 million shares, from filings as of October 7, 2026
- Shares outstanding
- 17.56 million
- From news to the move: the first trade 20% above the previous close came 6 hours 25 minutes after the latest SEC filing before it (4, 6:10 a.m.).
- Volume, from the one-minute bars: 2,911 shares before the 9:30 a.m. open (0%), 1,984 in the first 30 minutes (0%), and 7.20 million in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day IRIX 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 | Watch it |
|---|---|---|---|---|---|---|---|
| 12:54 p.m. | 12:59 p.m. | 5 min 0 s | down 16.3% | $0.75, down 2.6% | down 11.1% | 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 IRIX 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.