Hindsight Markets Recaps Small-cap stocks on October 15, 2026
PMI, October 15: one halt and $18.23
PMI opened near its previous close, ran to $18.23 through one halt, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $14.07, on 5K shares.
The open
It opened near its previous close, at $13.67. It ran to $18.23 by 2:11 p.m.
The halts
Trading stopped once, at 3:29 p.m. The biggest jump was the reopen after 3:29 p.m.: 20% below the last trade before it.
The close
It closed at $12.44, 32% 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 7.8% at $13.67, then ran from the open to the high of $18.23 in 281 minutes, and gave it all back: it traded at $12.44 at 4:00 p.m., below the open.
| Time (ET) | What happened |
|---|---|
| 9:29 a.m. | Pre-market high, $14.07 |
| 9:30 a.m. | The open: $13.67, up 7.8% from the previous close |
| 10:06 a.m. | First trade 20% above the previous close of $12.68 |
| 2:11 p.m. | High of the day to the close, $18.23 |
| 3:29 p.m. | Last trade before the 4:00 p.m. close, $12.44, 31.8% 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
- $12.68
- Open, 9:30 a.m.
- $13.67
- Gap at the open
- +7.8%
- Pre-market high
- $14.07 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $18.23 at 2:11 p.m.
- Low, 4 a.m. to 4 p.m.
- $10.57
- Close, 4 p.m.
- $12.44
- Change at 4 p.m.
- −1.9%
- After-hours high, 4 p.m. to 8 p.m.
- $13.50 at 4:02 p.m.
- Volume, 4 a.m. to 4 p.m.
- 614,245
- Volume after hours, 4 p.m. to 8 p.m.
- 80,527
- Relative volume by 8 p.m.
- 4.0×
- Float
- 1.55 million shares, from filings as of October 15, 2026
- Shares outstanding
- 2.34 million
- Volume, from the one-minute bars: 4,717 shares before the 9:30 a.m. open (1%), 20,820 in the first 30 minutes (3%), and 669,235 in the rest of the day to 8 p.m. (96%).
- Other days PMI met the small-cap rule in our recaps: 7, the latest on October 16, 2026.
- The next session, October 16, 2026, it gapped up 23.0% at 9:30 a.m.
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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 3:29 p.m. | 4:00 p.m. | 30 min 12 s | up 4.0% | $10.00, down 19.6% | up 32.7% | LULD pause (limit up-limit down) |
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 PMI on October 15, 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.