Hindsight Markets Recaps Small-cap stocks on October 22, 2026
XLAB, October 22: a run to $4.89
XLAB opened up 17%, ran to $4.89, and held most of the move into the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $3.60, on 4.1M shares.
The open
It opened up 17%, at $3.17. It ran to $4.89 by 3:09 p.m.
The close
It closed at $4.80, near its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 16.5% to $3.17 at the open, ran from the open to the high of $4.89 in 339 minutes, and held most of the move into the close: it gave back 5% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 7:17 a.m. | First trade 20% above the previous close of $2.72 |
| 7:20 a.m. | Pre-market high, $3.60 |
| 9:30 a.m. | The open: $3.17, up 16.5% from the previous close |
| 3:09 p.m. | High of the day to the close, $4.89 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.80, 1.8% 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
- $2.72
- Open, 9:30 a.m.
- $3.17
- Gap at the open
- +16.5%
- Pre-market high
- $3.60 at 7:20 a.m.
- High, 4 a.m. to 4 p.m.
- $4.89 at 3:09 p.m.
- Low, 4 a.m. to 4 p.m.
- $2.61
- Close, 4 p.m.
- $4.80
- Change at 4 p.m.
- +76.5%
- After-hours high, 4 p.m. to 8 p.m.
- $5.06 at 4:20 p.m.
- Volume, 4 a.m. to 4 p.m.
- 19.37 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.89 million
- Relative volume by 8 p.m.
- 4.4×
- Float
- 21.86 million shares, from filings as of October 22, 2026
- Shares outstanding
- 64.33 million
- Volume, from the one-minute bars: 4.09 million shares before the 9:30 a.m. open (19%), 3.10 million in the first 30 minutes (15%), and 14.07 million in the rest of the day to 8 p.m. (66%).
- Other days XLAB met the small-cap rule in our recaps: 4, the latest on October 19, 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 XLAB 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 XLAB on October 22, 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.