Hindsight Markets Recaps Small-cap stocks on August 13, 2026
DARE, August 13: a quiet session, then $2.27 after hours
DARE barely moved in the regular session after an 8-K, then ran to $2.27 after the close.
News via Stock News API
What happened
Draft for review. Not published.
A quiet session
DARE did almost nothing in regular hours. It slid from $1.43 at the open to $1.31 by 3:30.
Stop It's 3:56. DARE is at $1.34, below yesterday's $1.44 close. It opened at $1.43, touched $1.47 in the first minute, and made a low of $1.31 at 3:30. Since then it has bounced to $1.35 and back to $1.34, and after a burst of about 10,000 shares from 3:50 to 3:52, the last few minutes have been thin. The bell is four minutes away. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:53 p.m. and stop at 3:56 p.m. ET for your call.
It bounced into the bell and closed at $1.38. Only 84K shares traded all session.
Earnings after the bell
The news came at 4:01: second-quarter results. At first the stock barely moved. Then at 4:07 it ran from $1.45 to $1.68. It touched $1.77 the next minute.
The late run to $2.27
The real move came almost two hours after the news. It hit $2.27 at 5:55 p.m., the high of the day. It faded after that. Its last bar, at 7:59, closed at $1.80. After hours traded 2.5M shares, about 30 times the regular session.
What to take from it: On this day the whole move came after hours, and the biggest push came long after the news.
Replay DARE's day
It starts at 3:53 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:56 p.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
After-hours run. It opened down 0.7% at $1.43 and traded at $1.38 at the 4:00 p.m. close, then ran 64.5% from $1.38 to $2.27 at 5:55 p.m. after the close, on 2.49 million shares traded after hours.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:02 a.m. | Pre-market high, $1.47 | |
| 9:02 a.m. | High of the day to the close, $1.47 | |
| 9:30 a.m. | The open: $1.43, down 0.7% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.38, 6.1% below the high | |
| 4:01 p.m. | News (GlobeNewsWire): Daré Bioscience Reports Second Quarter 2026 Results and Highlights Commercial Inflection as Multi-Product Women's Health Strategy Advances | |
| 4:02 p.m. | SEC filing 10-Q: 10-Q | |
| 4:02 p.m. | SEC filing 8-K: 8-K | |
| 4:08 p.m. | First trade 20% above the previous close of $1.44 |
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
- $1.44
- Open, 9:30 a.m.
- $1.43
- Gap at the open
- −0.7%
- Pre-market high
- $1.47 at 9:02 a.m.
- High, 4 a.m. to 4 p.m.
- $1.47 at 9:02 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.31
- Close, 4 p.m.
- $1.38
- Change at 4 p.m.
- −4.2%
- After-hours high, 4 p.m. to 8 p.m.
- $2.27 at 5:55 p.m.
- Volume, 4 a.m. to 4 p.m.
- 84,052
- Volume after hours, 4 p.m. to 8 p.m.
- 2.49 million
- Relative volume by 8 p.m.
- 31.4×
- Float
- 14.33 million shares, from filings as of August 13, 2026
- Shares outstanding
- 14.98 million
- From news to the move: the first trade 20% above the previous close came 5 minutes after the latest SEC filing before it (8-K, 4:02 p.m.).
- Volume, from the one-minute bars: 7 shares before the 9:30 a.m. open (0%), 5,508 in the first 30 minutes (0%), and 2.57 million in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day DARE 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 DARE 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 DARE on August 13, 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.