Hindsight Markets Recaps Small-cap stocks on October 15, 2026
ZBAO, October 15: a run to $1.06
ZBAO opened down 25%, then ran to $1.06 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $0.9497, on 39K shares.
The open
It opened down 25%, at $0.7663. It ran to $1.06 by 2:34 p.m.
The close
It closed at $0.9898, 7% 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 down 24.9% at $0.7663, then ran from the open to the high of $1.06 in 304 minutes.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | Pre-market high, $0.9497 |
| 9:30 a.m. | The open: $0.7663, down 24.9% from the previous close |
| 2:34 p.m. | High of the day to the close, $1.06 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.9898, 6.6% below the high |
| 4:02 p.m. | First trade 20% above the previous close of $1.02 |
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
- $1.02
- Open, 9:30 a.m.
- $0.7663
- Gap at the open
- −24.9%
- Pre-market high
- $0.9497 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $1.06 at 2:34 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.624
- Close, 4 p.m.
- $0.9898
- Change at 4 p.m.
- −3.0%
- After-hours high, 4 p.m. to 8 p.m.
- $1.50 at 4:03 p.m.
- Volume, 4 a.m. to 4 p.m.
- 2.76 million
- Volume after hours, 4 p.m. to 8 p.m.
- 744,852
- Relative volume by 8 p.m.
- 12.3×
- Float
- 8.96 million shares, from filings as of October 15, 2026
- Shares outstanding
- 8.99 million
- Volume, from the one-minute bars: 39,191 shares before the 9:30 a.m. open (1%), 37,163 in the first 30 minutes (1%), and 3.43 million in the rest of the day to 8 p.m. (98%).
- In our recaps, this is the only day ZBAO 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 ZBAO 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 ZBAO 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.