Hindsight Markets Recaps Small-cap stocks on November 4, 2026
LYEL, November 4: an 8-K and $16.71
LYEL opened up 12% after an 8-K, ran to $16.71, and held most of the move into the close.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 9:05 a.m. Before the bell it reached $12.25, on 6K shares.
The open
It opened up 12%, at $12.10. It ran to $16.71 by 11:23 a.m.
The close
It closed at $15.47, 7% under 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 12.3% to $12.10 at the open, ran from the open to the high of $16.71 in 113 minutes, and held most of the move into the close: it gave back 27% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 9:01 a.m. | News (GlobeNewsWire): Lyell Immunopharma to Present Positive Updated Ronde-Cel Data in More than 80 Patients at ASH 2026 from PiNACLE Pivotal Trial in 3L+ and from Phase 1/2 2L Cohort in Patients with Relapsed/Refractory Large B-Cell Lymphoma |
| 9:02 a.m. | News (GlobeNewsWire): Lyell Immunopharma Announces $80 Million Private Placement to Advance Ronde-Cel Toward Planned BLA Submission |
| 9:05 a.m. | SEC filing 8-K: 8-K |
| 9:28 a.m. | Pre-market high, $12.25 |
| 9:30 a.m. | First trade 20% above the previous close of $10.77 |
| 9:30 a.m. | The open: $12.10, up 12.3% from the previous close |
| 11:23 a.m. | High of the day to the close, $16.71 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $15.47, 7.4% 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
- $10.77
- Open, 9:30 a.m.
- $12.10
- Gap at the open
- +12.3%
- Pre-market high
- $12.25 at 9:28 a.m.
- High, 4 a.m. to 4 p.m.
- $16.71 at 11:23 a.m.
- Low, 4 a.m. to 4 p.m.
- $10.55
- Close, 4 p.m.
- $15.47
- Change at 4 p.m.
- +43.6%
- After-hours high, 4 p.m. to 8 p.m.
- $16.08 at 4:02 p.m.
- Volume, 4 a.m. to 4 p.m.
- 425,377
- Volume after hours, 4 p.m. to 8 p.m.
- 26,902
- Relative volume by 8 p.m.
- 4.5×
- Float
- 24.27 million shares, from filings as of November 4, 2026
- Shares outstanding
- 24.51 million
- From news to the move: the first trade 20% above the previous close came 24 minutes after the latest SEC filing before it (8-K, 9:05 a.m.).
- Volume, from the one-minute bars: 5,669 shares before the 9:30 a.m. open (1%), 60,951 in the first 30 minutes (13%), and 385,659 in the rest of the day to 8 p.m. (85%).
- In our recaps, this is the only day LYEL met the small-cap rule.
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 LYEL 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 LYEL on November 4, 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.