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Hindsight Markets Recaps Small-cap stocks on August 12, 2026

BIVI, August 12: three halts, a $3.00 bid, and $3.79

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BIVI opened near its previous close, then ran to $3.79 through three halts during the session.

$3.79$1.274 a.m.9:30noon4 p.m.8 p.m.
BIVI on August 12, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Draft for review. Not published.

No news, fast run

BIVI had no news before the open. It opened at $1.35 and climbed fast. At 9:47 it was halted at $2.36. After the reopen it hit $2.95.

The $3.00 bid

From 10:30:47, a big bid sat at exactly $3.00 under the price. It peaked at 68K shares.

Stop It's 10:42. BIVI is at $3.52, up from $3.45 a minute ago. A bid wall that peaked at 68,492 shares sits at $3.00. Would you buy here?

Press play: the real Level 2, tape and chart run from 10:39 a.m. and stop at 10:42 a.m. ET for your call.

It hit $3.79 that minute, then fell. At 10:45:16 sellers hit the $3.00 bid. It was gone in under a second.

The 11:13 halt

At 11:06 it pushed to $3.40, below $3.79. Then it slid to $2.12 by 11:12.

Stop It's 11:18. BIVI has been halted since 11:13 with the last trade at $2.12. It was $3.25 at 11:07. Trading is about to resume. Would you buy the reopen?

Press play: the real Level 2, tape and chart run from 11:15 a.m. and stop at 11:18 a.m. ET for your call.

It reopened 3% lower at $2.06. At 11:18:56 it was halted again, at $1.49. The low after the open, $1.31, came right after that reopen.

The close

It closed at $1.54, 59% under the high, on 42M shares.

What to take from it: The $3.00 bid held for 14 minutes, then broke in under a second once sellers hit it.

Replay BIVI's day

It starts at 9:35 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:38 a.m. and asks what you would do. Or press Play on any moment in How it traded.

The details

How it traded, step by step

Intraday run. It opened up 6.3% at $1.35, then ran from the open to the high of $3.79 in 72 minutes through a halt.

Time (ET)What happenedWatch it
9:28 a.m.Pre-market high, $1.48
9:30 a.m.The open: $1.35, up 6.3% from the previous close
9:36 a.m.First trade 20% above the previous close of $1.27
10:03 a.m.Volume since 4:00 a.m. passes the whole float, 7.29 million shares
10:42 a.m.High of the day to the close, $3.79
3:59 p.m.Last trade before the 4:00 p.m. close, $1.54, 59.2% 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
$1.27
Open, 9:30 a.m.
$1.35
Gap at the open
+6.3%
Pre-market high
$1.48 at 9:28 a.m.
High, 4 a.m. to 4 p.m.
$3.79 at 10:42 a.m.
Low, 4 a.m. to 4 p.m.
$1.23
Close, 4 p.m.
$1.54
Change at 4 p.m.
+21.7%
After-hours high, 4 p.m. to 8 p.m.
$2.45 at 6:01 p.m.
Volume, 4 a.m. to 4 p.m.
42.26 million
Volume after hours, 4 p.m. to 8 p.m.
3.75 million
Relative volume by 8 p.m.
110.4×
Float
7.29 million shares, from filings as of August 12, 2026
Shares outstanding
7.54 million
  • Volume, from the one-minute bars: 62,372 shares before the 9:30 a.m. open (0%), 5.38 million in the first 30 minutes (12%), and 40.56 million in the rest of the day to 8 p.m. (88%).
  • Float rotation, the volume since 4 a.m. against the float of 7.29 million shares: past it once at 10:03 a.m., twice at 10:16 a.m., three times at 10:38 a.m.
  • Other days BIVI met the small-cap rule in our recaps: 5, the latest on November 3, 2026.

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 (3)
HaltedResumedLengthThe 5 minutes into itReopened at, against the last tradeThe 5 minutes afterReason in the feedWatch it
9:47 a.m.9:52 a.m.5 min 0 sup 41.3%$2.36, unchangedup 3.0%LULD pause (limit up-limit down)
11:13 a.m.11:18 a.m.5 min 0 sdown 28.4%$2.06, down 2.8%LULD pause (limit up-limit down)
11:18 a.m.11:23 a.m.5 min 0 sdown 29.7%$1.49, unchangedup 24.8%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 BIVI on August 12, 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.

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