Hindsight Markets Recaps Small-cap stocks on October 8, 2026
CPHI, October 8: a run to $1.19
CPHI opened down 16%, then ran to $1.19 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $0.9499, on 855K shares.
The open
It opened down 16%, at $0.768. It ran to $1.19 by 11:13 a.m.
The close
It closed at $0.96, 19% 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 down 15.5% at $0.768, then ran from the open to the high of $1.19 in 103 minutes.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | Pre-market high, $0.9499 |
| 9:30 a.m. | The open: $0.768, down 15.5% from the previous close |
| 11:11 a.m. | First trade 20% above the previous close of $0.9089 |
| 11:13 a.m. | High of the day to the close, $1.19 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.96, 19.3% 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
- $0.9089
- Open, 9:30 a.m.
- $0.768
- Gap at the open
- −15.5%
- Pre-market high
- $0.9499 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $1.19 at 11:13 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.7111
- Close, 4 p.m.
- $0.96
- Change at 4 p.m.
- +5.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.08 at 5:22 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.15 million
- Volume after hours, 4 p.m. to 8 p.m.
- 437,278
- Relative volume by 8 p.m.
- 4.7×
- Float
- 30.35 million shares, from filings as of October 8, 2026
- Shares outstanding
- 43.02 million
- Volume, from the one-minute bars: 854,596 shares before the 9:30 a.m. open (15%), 97,062 in the first 30 minutes (2%), and 4.64 million in the rest of the day to 8 p.m. (83%).
- Other days CPHI met the small-cap rule in our recaps: 2, 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 CPHI 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 CPHI on October 8, 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.