Hindsight Markets Recaps Small-cap stocks on October 20, 2026
WORX, October 20: a 742K float, $4.58 at 9:35, and a slide
WORX opened up 49%, ran to $4.58, then fell below its open by the close.
What happened
Draft for review. Not published.
Already in play before the bell
A press release the morning before, and a $4.27 high that day, left WORX with a tiny 742K-share float and a crowd. It opened pre-market at $3.16, above the $2.68 previous close. 11M shares traded before 9:30, about 15 times the float.
The open
The 9:30 open was $3.98, on 370K shares in that first minute.
Stop It's 9:35. WORX is at $4.40. It opened at $3.98 five minutes ago and the previous close was $2.68. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:32 a.m. and stop at 9:35 a.m. ET for your call.
It hit $4.58, the high of the day, in that minute, on 515K shares, and closed the bar at $4.30. A lower high of $4.53 came at 9:38. By 9:45 it was at $3.89, and 9:52 brought a low of $3.65.
An offer that sat, then left
From 11:02 an ask wall sat at $4.05, peaking at 81K shares at 11:51, about 11% of the float. It was pulled at 12:46:42. At 11:28 the stock sank to $3.21, its low after the open.
It closed the regular session at $3.67, 20% under the high.
What to take from it: WORX's highest price came five minutes into the open, and every later push stopped below it.
Replay WORX's day
It starts at 9:20 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:23 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 48.5% to $3.98 at the open, ran from the open to the high of $4.58 in 5 minutes, then gave back 152% of that move by 4:00 p.m., trading at $3.67, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $2.68 | |
| 4:16 a.m. | Volume since 4:00 a.m. passes the whole float, 742,099 shares | |
| 8:42 a.m. | Pre-market high, $4.52 | |
| 9:30 a.m. | The open: $3.98, up 48.5% from the previous close | |
| 9:35 a.m. | High of the day to the close, $4.58 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.67, 19.9% 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
- $2.68
- Open, 9:30 a.m.
- $3.98
- Gap at the open
- +48.5%
- Pre-market high
- $4.52 at 8:42 a.m.
- High, 4 a.m. to 4 p.m.
- $4.58 at 9:35 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.16
- Close, 4 p.m.
- $3.67
- Change at 4 p.m.
- +36.9%
- After-hours high, 4 p.m. to 8 p.m.
- $4.01 at 4:08 p.m.
- Volume, 4 a.m. to 4 p.m.
- 27.29 million
- Volume after hours, 4 p.m. to 8 p.m.
- 922,547
- Relative volume by 8 p.m.
- 8.7×
- Float
- 742,099 shares, from filings as of October 20, 2026
- Shares outstanding
- 742,099
- Volume, from the one-minute bars: 11.24 million shares before the 9:30 a.m. open (40%), 5.83 million in the first 30 minutes (21%), and 11.15 million in the rest of the day to 8 p.m. (40%).
- Float rotation, the volume since 4 a.m. against the float of 742,099 shares: past it once at 4:16 a.m., twice at 4:28 a.m., three times at 4:36 a.m.
- Other days WORX met the small-cap rule in our recaps: 5, the latest on October 26, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, 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 WORX 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 WORX on October 20, 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.