Hindsight Markets Recaps Small-cap stocks on October 19, 2026
FUFU, October 19: two halts, $1.57, and a fade to $1.19
FUFU opened up 17%, ran to $1.57 through two halts, then gave back most of the run by the close.
What happened
Draft for review. Not published.
A quiet pre-market, then the open
There was no news. It traded about 42K shares before the bell and hit $1.08 at 9:28. It opened at $1.06, up 17% from the $0.9048 previous close. Volume jumped once the market opened.
Two volatility halts
By 9:33 it had climbed to $1.34 and was halted for volatility. At the 9:38:31 reopen a 116K-share print crossed at $1.40, and the stock hit $1.44 that minute.
It dropped to $1.06 and was halted again at 9:39:34.
Stop It's 9:44. FUFU is at $1.06 after two halts. It hit $1.44 at 9:38. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:41 a.m. and stop at 9:44 a.m. ET for your call.
It reopened at 9:44:34 at $1.07, ran to $1.30 the next minute, then reached $1.57, the high of the day, at 9:54.
The lower high and the fade
After 9:54 it slipped back, then pushed to $1.49 at 9:59, below the top. By 10:06 it was near $1.20, and by 10:46 it was at $1.08.
It rebuilt to $1.39 at 13:47, well below the high. It closed at $1.19, 24% under the high. Regular-session volume was 15M shares, about 279 times normal.
What to take from it: A fast spike on no news, with two halts, was partly erased: $1.57 at 9:54, $1.19 at the close.
Replay FUFU's day
It starts at 9:16 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:19 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, gave some back. It gapped up 17.2% to $1.06 at the open, ran from the open to the high of $1.57 in 24 minutes through two halts, then gave back 75% of that move by 4:00 p.m., trading at $1.19, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:28 a.m. | Pre-market high, $1.07 | |
| 9:30 a.m. | The open: $1.06, up 17.2% from the previous close | |
| 9:31 a.m. | First trade 20% above the previous close of $0.9048 | |
| 9:54 a.m. | High of the day to the close, $1.57 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.19, 24.2% 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
- $0.9048
- Open, 9:30 a.m.
- $1.06
- Gap at the open
- +17.2%
- Pre-market high
- $1.07 at 9:28 a.m.
- High, 4 a.m. to 4 p.m.
- $1.57 at 9:54 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.92
- Close, 4 p.m.
- $1.19
- Change at 4 p.m.
- +31.5%
- After-hours high, 4 p.m. to 8 p.m.
- $1.33 at 4:52 p.m.
- Volume, 4 a.m. to 4 p.m.
- 15.20 million
- Volume after hours, 4 p.m. to 8 p.m.
- 242,323
- Relative volume by 8 p.m.
- 279.1×
- Float
- 16.92 million shares, from filings as of October 19, 2026
- Shares outstanding
- 166.70 million
- Volume, from the one-minute bars: 42,192 shares before the 9:30 a.m. open (0%), 8.10 million in the first 30 minutes (52%), and 7.30 million in the rest of the day to 8 p.m. (47%).
- In our recaps, this is the only day FUFU 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:33 a.m. | 9:38 a.m. | 5 min 0 s | up 30.1% | $1.40, up 4.5% | down 24.3% | LULD pause (limit up-limit down) | |
| 9:39 a.m. | 9:44 a.m. | 5 min 0 s | down 20.9% | $1.07, up 0.9% | up 33.6% | 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 FUFU on October 19, 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.