Hindsight Markets Recaps Small-cap stocks on October 13, 2026
SCNI, October 13: a 7:00 headline, $3.34 at 7:03, and $1.24 at the close
SCNI opened up 34% after news, ran to $1.76, then fell below its open by the close.
News via Stock News API
What happened
Draft for review. Not published.
The 7:00 headline
The news woke a quiet stock. SCNI closed the day before at $1.16. At 7:00 a $5.1 million manufacturing deal hit the wire, and the 7:01 minute reached $1.70.
Stop It's 7:02. SCNI is at $1.59. The headline came out two minutes ago and the stock is up from the $1.16 previous close. The float is 1.35 million shares. Would you buy here?
Press play: the real Level 2, tape and chart run from 6:59 a.m. and stop at 7:02 a.m. ET for your call.
The $3.00 wall
Here's what happened. The 7:03 minute traded 1.55M shares and hit $3.34, the high so far. From 7:04 an ask wall sat at $3.00.
Stop It's 7:15. SCNI is at $2.66. The high was $3.34 at 7:03, and an ask wall has sat at $3.00 since 7:04. Would you buy here?
Press play: the real Level 2, tape and chart run from 7:12 a.m. and stop at 7:15 a.m. ET for your call.
Here's what happened. At 7:16 it reached $2.98, a lower high just under the wall. By 7:19 it was at $1.94.
The wall at $1.50
The open brought a slow slide. It opened at $1.56 and fell to $1.14 by 11:13. Above it, an ask wall at $1.50 grew to 79K shares.
Stop It's 1:09. SCNI is at $1.47. The $1.50 ask wall has been up since 10:10 and was 79,086 shares at its biggest. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:06 p.m. and stop at 1:09 p.m. ET for your call.
At 1:10:23 the wall was eaten. It reached $1.64 two minutes later, then faded to $1.24 at the close.
What to take from it: The top came minutes after the news, and every later push stopped lower.
Replay SCNI's day
It starts at 6:56 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 6:59 a.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
Gap, run and fade. It gapped up 34.5% to $1.56 at the open, ran from the open to the high of $1.76 in 14 minutes, then gave back 260% of that move by 4:00 p.m., trading at $1.24, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:00 a.m. | News (PRNewsWire): Scinai Expands CDMO Business with $5.1 Million Development and Clinical Manufacturing Agreement | |
| 7:01 a.m. | First trade 20% above the previous close of $1.16 | |
| 7:02 a.m. | Volume since 4:00 a.m. passes the whole float, 1.35 million shares | |
| 7:03 a.m. | Pre-market high, $3.34 | |
| 7:03 a.m. | High of the day to the close, $3.34 | |
| 9:30 a.m. | The open: $1.56, up 34.5% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.24, 62.9% 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
- $1.16
- Open, 9:30 a.m.
- $1.56
- Gap at the open
- +34.5%
- Pre-market high
- $3.34 at 7:03 a.m.
- High, 4 a.m. to 4 p.m.
- $3.34 at 7:03 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.04
- Close, 4 p.m.
- $1.24
- Change at 4 p.m.
- +6.9%
- After-hours high, 4 p.m. to 8 p.m.
- $1.34 at 6:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 29.97 million
- Volume after hours, 4 p.m. to 8 p.m.
- 524,876
- Relative volume by 8 p.m.
- 55.2×
- Float
- 1.35 million shares, from filings as of October 13, 2026
- Shares outstanding
- 1.35 million
- From news to the move: the first trade 20% above the previous close came 1 minute after the latest news item before it (PRNewsWire, 7:00 a.m.).
- Volume, from the one-minute bars: 23.32 million shares before the 9:30 a.m. open (76%), 1.81 million in the first 30 minutes (6%), and 5.37 million in the rest of the day to 8 p.m. (18%).
- Float rotation, the volume since 4 a.m. against the float of 1.35 million shares: past it once at 7:02 a.m., twice at 7:03 a.m., three times at 7:05 a.m.
- Other days SCNI met the small-cap rule in our recaps: 4, the latest on September 21, 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 SCNI 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 SCNI on October 13, 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.