Hindsight Markets Recaps Small-cap stocks on October 29, 2026
NUWE, October 29: a gap that faded
NUWE opened up 23%, then faded 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 $7.47, on 4.1M shares.
The open
It opened up 23%, at $6.94.
The close
It closed at $5.81, 22% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 22.6% to $6.94 at the open and traded below the open by 4:00 p.m., at $5.81.
| Time (ET) | What happened |
|---|---|
| 7:10 a.m. | First trade 20% above the previous close of $5.66 |
| 7:15 a.m. | Volume since 4:00 a.m. passes the whole float, 405,149 shares |
| 9:03 a.m. | Pre-market high, $7.47 |
| 9:03 a.m. | High of the day to the close, $7.47 |
| 9:30 a.m. | The open: $6.94, up 22.6% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.81, 22.2% 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
- $5.66
- Open, 9:30 a.m.
- $6.94
- Gap at the open
- +22.6%
- Pre-market high
- $7.47 at 9:03 a.m.
- High, 4 a.m. to 4 p.m.
- $7.47 at 9:03 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.31
- Close, 4 p.m.
- $5.81
- Change at 4 p.m.
- +2.7%
- After-hours high, 4 p.m. to 8 p.m.
- $6.39 at 6:06 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.07 million
- Volume after hours, 4 p.m. to 8 p.m.
- 172,148
- Relative volume by 8 p.m.
- 10.7×
- Float
- 405,149 shares, from filings as of October 29, 2026
- Shares outstanding
- 405,252
- Volume, from the one-minute bars: 4.10 million shares before the 9:30 a.m. open (66%), 774,779 in the first 30 minutes (12%), and 1.37 million in the rest of the day to 8 p.m. (22%).
- Float rotation, the volume since 4 a.m. against the float of 405,149 shares: past it once at 7:15 a.m., twice at 7:21 a.m., three times at 7:38 a.m.
- Other days NUWE met the small-cap rule in our recaps: 4, the latest on October 27, 2026.
On the day's lists: the pre-market gappers, 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 NUWE 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 NUWE on October 29, 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.