Hindsight Markets Recaps Small-cap stocks on October 12, 2026
SKYA, October 12: a run to $2.70
SKYA opened up 28%, ran to $2.67, and held most of the move into the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $2.70, on 12M shares.
The open
It opened up 28%, at $2.33. It ran to $2.67 by 1:29 p.m.
The close
It closed at $2.59, near its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 28.0% to $2.33 at the open, ran from the open to the high of $2.67 in 239 minutes, and held most of the move into the close: it gave back 24% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $1.82 |
| 8:21 a.m. | Pre-market high, $2.70 |
| 8:21 a.m. | High of the day to the close, $2.70 |
| 9:30 a.m. | The open: $2.33, up 28.0% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.59, 4.1% 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
- $1.82
- Open, 9:30 a.m.
- $2.33
- Gap at the open
- +28.0%
- Pre-market high
- $2.70 at 8:21 a.m.
- High, 4 a.m. to 4 p.m.
- $2.70 at 8:21 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.92
- Close, 4 p.m.
- $2.59
- Change at 4 p.m.
- +42.3%
- After-hours high, 4 p.m. to 8 p.m.
- $2.65 at 4:10 p.m.
- Volume, 4 a.m. to 4 p.m.
- 20.25 million
- Volume after hours, 4 p.m. to 8 p.m.
- 272,618
- Relative volume by 8 p.m.
- 83.9×
- Float
- 43.21 million shares, from filings as of October 12, 2026
- Shares outstanding
- 43.25 million
- Volume, from the one-minute bars: 12.40 million shares before the 9:30 a.m. open (60%), 3.35 million in the first 30 minutes (16%), and 4.78 million in the rest of the day to 8 p.m. (23%).
- In our recaps, this is the only day SKYA 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 (none)
The exchange's halt feed shows no halts for SKYA 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 SKYA on October 12, 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.