Hindsight Markets Recaps Small-cap stocks on November 3, 2026
PARA, November 3: a 428% run, four halts, and a fade to $2.71
PARA more than doubled at the open, ran to $8.93 through four halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A tiny float wakes up
With just 419K shares in the float, PARA was already trading above its $1.69 previous close at 4:00 a.m. (the first bar opened at $2.56). It slid to around $1.80, then woke up at 8:55 a.m. By the bell, 8.8M shares had traded. It opened at $3.74, up 121%.
Four halts, one top
The first halt came at 9:31:29. It reopened at 9:41:29 at $5.50 and hit $6.42 the next minute. The second, at 9:47:56, reopened at $7.85 at 9:52:56. Two minutes later PARA touched $8.93, the high of the day, then was back near $7 by 9:57.
A push to $8.03 at 10:00 a.m. made a lower high.
The long fade
A MarketBeat headline about Fox and Tubi came at 10:27, and PARA opened that minute at $5.79. The third halt began at 10:35:12 from $4.39 and reopened at 10:40:12 near $4.53. The fourth began at 11:42:33, with PARA near $3 after a slide from $4.64 at 11:15, and reopened at $3.00 at 11:47.
After the open its low was $2.70 at 12:49, and it closed at $2.71, 70% under the high. Regular-session volume was 28M shares, about 68 times the float.
What to take from it: PARA's high came at 9:54 a.m., in the first half hour; no bar after 10:00 topped $8.03.
The details
How it traded, step by step
Gap, run and fade. It gapped up 121.3% to $3.74 at the open, ran from the open to the high of $8.93 in 24 minutes through two halts, then gave back 120% of that move by 4:00 p.m., trading at $2.71, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $1.69 |
| 4:28 a.m. | Volume since 4:00 a.m. passes the whole float, 419,161 shares |
| 9:19 a.m. | Pre-market high, $4.04 |
| 9:30 a.m. | The open: $3.74, up 121.3% from the previous close |
| 9:54 a.m. | High of the day to the close, $8.93 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.71, 69.7% 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
- $1.69
- Open, 9:30 a.m.
- $3.74
- Gap at the open
- +121.3%
- Pre-market high
- $4.04 at 9:19 a.m.
- High, 4 a.m. to 4 p.m.
- $8.93 at 9:54 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.75
- Close, 4 p.m.
- $2.71
- Change at 4 p.m.
- +60.4%
- After-hours high, 4 p.m. to 8 p.m.
- $2.88 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 37.12 million
- Volume after hours, 4 p.m. to 8 p.m.
- 949,849
- Relative volume by 8 p.m.
- 142.4×
- Float
- 419,161 shares, from filings as of November 3, 2026
- Shares outstanding
- 554,746
- Volume, from the one-minute bars: 8.80 million shares before the 9:30 a.m. open (23%), 6.81 million in the first 30 minutes (18%), and 22.46 million in the rest of the day to 8 p.m. (59%).
- Float rotation, the volume since 4 a.m. against the float of 419,161 shares: past it once at 4:28 a.m., twice at 6:11 a.m., three times at 8:55 a.m.
- Other days PARA met the small-cap rule in our recaps: 4, the latest on November 2, 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 (4)
| 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. | 9:41 a.m. | 10 min 0 s | up 41.9% | $5.50, up 6.8% | up 12.5% | LULD pause (limit up-limit down) |
| 9:47 a.m. | 9:52 a.m. | 5 min 0 s | up 21.3% | $7.85, up 3.0% | down 3.2% | LULD pause (limit up-limit down) |
| 10:35 a.m. | 10:40 a.m. | 5 min 0 s | down 24.3% | $4.53, up 3.2% | up 14.6% | LULD pause (limit up-limit down) |
| 11:42 a.m. | 11:47 a.m. | 5 min 0 s | down 24.4% | $3.00, down 0.3% | up 14.0% | 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 PARA on November 3, 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.