Hindsight Markets Recaps Small-cap stocks on October 8, 2026
MEDS, October 8: a run to $4.16
MEDS opened near its previous close, then ran to $3.70 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $4.16, on 4.3M shares.
The open
It opened near its previous close, at $3.11. It ran to $3.70 by 10:40 a.m.
The close
It closed at $3.39, 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 up 8.0% at $3.11, then ran from the open to the high of $3.70 in 70 minutes.
| Time (ET) | What happened |
|---|---|
| 5:35 a.m. | First trade 20% above the previous close of $2.88 |
| 5:44 a.m. | Pre-market high, $4.16 |
| 5:44 a.m. | High of the day to the close, $4.16 |
| 6:02 a.m. | Volume since 4:00 a.m. passes the whole float, 2.38 million shares |
| 9:30 a.m. | The open: $3.11, up 8.0% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.39, 18.5% 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
- $2.88
- Open, 9:30 a.m.
- $3.11
- Gap at the open
- +8.0%
- Pre-market high
- $4.16 at 5:44 a.m.
- High, 4 a.m. to 4 p.m.
- $4.16 at 5:44 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.88
- Close, 4 p.m.
- $3.39
- Change at 4 p.m.
- +17.7%
- After-hours high, 4 p.m. to 8 p.m.
- $3.41 at 4:05 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.53 million
- Volume after hours, 4 p.m. to 8 p.m.
- 86,012
- Relative volume by 8 p.m.
- 1.0×
- Float
- 2.38 million shares, from filings as of October 8, 2026
- Shares outstanding
- 3.06 million
- Volume, from the one-minute bars: 4.25 million shares before the 9:30 a.m. open (64%), 301,696 in the first 30 minutes (5%), and 2.06 million in the rest of the day to 8 p.m. (31%).
- Float rotation, the volume since 4 a.m. against the float of 2.38 million shares: past it once at 6:02 a.m., twice at 10:22 a.m.
- Other days MEDS met the small-cap rule in our recaps: 8, the latest on October 12, 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 MEDS 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 MEDS 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.