Hindsight Markets Recaps Small-cap stocks on August 11, 2026
FRTT, August 11: a run to $3.35
FRTT opened up 47%, ran to $1.66, 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 $3.35, on 21M shares.
The open
It opened up 47%, at $1.44. It ran to $1.66 by 9:52 a.m.
The close
It closed at $1.29, 61% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 47.4% to $1.44 at the open, ran from the open to the high of $1.66 in 22 minutes, then gave back 168% of that move by 4:00 p.m., trading at $1.29, below the open.
| Time (ET) | What happened |
|---|---|
| 8:00 a.m. | First trade 20% above the previous close of $0.977 |
| 8:05 a.m. | Pre-market high, $3.35 |
| 8:05 a.m. | High of the day to the close, $3.35 |
| 8:10 a.m. | Volume since 4:00 a.m. passes the whole float, 11.36 million shares |
| 9:30 a.m. | The open: $1.44, up 47.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.29, 61.5% 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
- $0.977
- Open, 9:30 a.m.
- $1.44
- Gap at the open
- +47.4%
- Pre-market high
- $3.35 at 8:05 a.m.
- High, 4 a.m. to 4 p.m.
- $3.35 at 8:05 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.95
- Close, 4 p.m.
- $1.29
- Change at 4 p.m.
- +32.0%
- After-hours high, 4 p.m. to 8 p.m.
- $1.29 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 31.48 million
- Volume after hours, 4 p.m. to 8 p.m.
- 950,365
- Relative volume by 8 p.m.
- 376.7×
- Float
- 11.36 million shares, from filings as of August 11, 2026
- Shares outstanding
- 11.36 million
- Volume, from the one-minute bars: 21.36 million shares before the 9:30 a.m. open (66%), 3.66 million in the first 30 minutes (11%), and 7.42 million in the rest of the day to 8 p.m. (23%).
- Float rotation, the volume since 4 a.m. against the float of 11.36 million shares: past it once at 8:10 a.m., twice at 9:49 a.m.
- In our recaps, this is the only day FRTT 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 FRTT 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 FRTT on August 11, 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.