Hindsight Markets Recaps Small-cap stocks on October 9, 2026
EMAT, October 9: news and $2.26
EMAT opened near its previous close after news, ran to $2.26, then fell below its open by the close.
News via Stock News API
What happened
Before the open
The news came first: news at 8:40 a.m. Before the bell it reached $1.82, on 6K shares.
The open
It opened near its previous close, at $1.77. It ran to $2.26 by 11:01 a.m.
The close
It closed at $1.66, 27% under its high.
What to take from it: The run did not hold: it finished below where it opened.
The details
How it traded, step by step
Intraday run and fade. It opened up 4.1% at $1.77, then ran from the open to the high of $2.26 in 91 minutes, and gave it all back: it traded at $1.66 at 4:00 p.m., below the open.
| Time (ET) | What happened |
|---|---|
| 4:37 a.m. | Pre-market high, $1.82 |
| 8:30 a.m. | SEC filing 8-K: CURRENT REPORT |
| 8:40 a.m. | News (GlobeNewsWire): Evolution Metals & Technologies Corp. Raises Fiscal 2026 Revenue Guidance 62% at Midpoint to 11 Million and Reaffirms 460 Million Fiscal 2027 Outlook |
| 9:30 a.m. | The open: $1.77, up 4.1% from the previous close |
| 10:50 a.m. | First trade 20% above the previous close of $1.70 |
| 11:01 a.m. | High of the day to the close, $2.26 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.66, 26.5% 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
- $1.70
- Open, 9:30 a.m.
- $1.77
- Gap at the open
- +4.1%
- Pre-market high
- $1.82 at 4:37 a.m.
- High, 4 a.m. to 4 p.m.
- $2.26 at 11:01 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.63
- Close, 4 p.m.
- $1.66
- Change at 4 p.m.
- −2.4%
- After-hours high, 4 p.m. to 8 p.m.
- $1.75 at 6:09 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.85 million
- Volume after hours, 4 p.m. to 8 p.m.
- 68,231
- Relative volume by 8 p.m.
- 5.3×
- Float
- not available
- Shares outstanding
- not available
- From news to the move: the first trade 20% above the previous close came 2 hours 10 minutes after the latest news item before it (GlobeNewsWire, 8:40 a.m.).
- Volume, from the one-minute bars: 5,663 shares before the 9:30 a.m. open (0%), 91,956 in the first 30 minutes (2%), and 3.82 million in the rest of the day to 8 p.m. (98%).
- Other days EMAT met the small-cap rule in our recaps: 1, the latest on August 14, 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 EMAT 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 EMAT on October 9, 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.