Hindsight Markets Recaps Small-cap stocks on August 7, 2026
XBIO, August 7: an 8-K and $3.84
XBIO opened near its previous close after an 8-K, then ran to $3.25 during the session.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 8:35 a.m. Before the bell it reached $3.84, on 298K shares.
The open
It opened near its previous close, at $2.84. It ran to $3.25 by 10:01 a.m.
The close
It closed at $3.17, 17% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 0.4% at $2.84, then ran from the open to the high of $3.25 in 31 minutes.
| Time (ET) | What happened |
|---|---|
| 8:35 a.m. | News (Accesswire): Xenetic Biosciences Reports Second Quarter 2026 Financial Results and Highlights Strengthened Scientific Foundation Supporting Continued Advancement of Proprietary DNase Platform |
| 8:35 a.m. | SEC filing 8-K: FORM 8-K |
| 8:36 a.m. | First trade 20% above the previous close of $2.85 |
| 8:37 a.m. | Pre-market high, $3.84 |
| 8:37 a.m. | High of the day to the close, $3.84 |
| 9:30 a.m. | The open: $2.84, down 0.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.17, 17.4% 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
- $2.85
- Open, 9:30 a.m.
- $2.84
- Gap at the open
- −0.4%
- Pre-market high
- $3.84 at 8:37 a.m.
- High, 4 a.m. to 4 p.m.
- $3.84 at 8:37 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.53
- Close, 4 p.m.
- $3.17
- Change at 4 p.m.
- +11.2%
- After-hours high, 4 p.m. to 8 p.m.
- $3.20 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 386,634
- Volume after hours, 4 p.m. to 8 p.m.
- 11,161
- Relative volume by 8 p.m.
- 33.9×
- Float
- 2.10 million shares, from filings as of August 7, 2026
- Shares outstanding
- 2.34 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (8-K, 8:35 a.m.).
- Volume, from the one-minute bars: 297,964 shares before the 9:30 a.m. open (75%), 20,295 in the first 30 minutes (5%), and 79,536 in the rest of the day to 8 p.m. (20%).
- In our recaps, this is the only day XBIO met the small-cap rule.
On the day's lists: the gainers. It is here because it met the small-cap rule on the gainers: 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 XBIO 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 XBIO on August 7, 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.