Hindsight Markets Recaps Small-cap stocks on November 2, 2026
PMN, November 2: two halts and $4.50
PMN opened near its previous close, ran to $4.50 through two halts, then fell 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 $3.94, on 62K shares.
The open
It opened near its previous close, at $3.41. It ran to $4.50 by 9:36 a.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it two times, from 9:31 a.m. to 9:40 a.m.
The close
It closed at $3.00, 33% under its high.
What to take from it: The run did not hold: it finished below where it opened.
The details
How it traded, step by step
Intraday run and fade. It opened up 3.0% at $3.41, then ran from the open to the high of $4.50 in 6 minutes through a halt, and gave it all back: it traded at $3.00 at 4:00 p.m., below the open.
| Time (ET) | What happened |
|---|---|
| 4:42 a.m. | Pre-market high, $3.94 |
| 9:30 a.m. | First trade 20% above the previous close of $3.31 |
| 9:30 a.m. | The open: $3.41, up 3.0% from the previous close |
| 9:36 a.m. | High of the day to the close, $4.50 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.00, 33.3% 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
- $3.31
- Open, 9:30 a.m.
- $3.41
- Gap at the open
- +3.0%
- Pre-market high
- $3.94 at 4:42 a.m.
- High, 4 a.m. to 4 p.m.
- $4.50 at 9:36 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.80
- Close, 4 p.m.
- $3.00
- Change at 4 p.m.
- −9.4%
- After-hours high, 4 p.m. to 8 p.m.
- $3.30 at 4:15 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.35 million
- Volume after hours, 4 p.m. to 8 p.m.
- 10,286
- Relative volume by 8 p.m.
- 22.4×
- Float
- 6.72 million shares, from filings as of November 2, 2026
- Shares outstanding
- 8.97 million
- Volume, from the one-minute bars: 62,358 shares before the 9:30 a.m. open (5%), 758,212 in the first 30 minutes (56%), and 535,046 in the rest of the day to 8 p.m. (39%).
- Other days PMN met the small-cap rule in our recaps: 1, the latest on October 30, 2026.
On the day's lists: the intraday runners. It is here because it met the small-cap rule on the intraday runners: 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 9:31 a.m. | 9:36 a.m. | 5 min 0 s | up 21.7% | $4.18, up 0.7% | down 9.3% | LULD pause (limit up-limit down) |
| 9:40 a.m. | 9:45 a.m. | 5 min 0 s | down 8.7% | $3.90, up 2.9% | up 2.3% | 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 PMN on November 2, 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.