Hindsight Markets Recaps Small-cap stocks on August 13, 2026
FGI, August 13: earnings after the close, eight halts, and $19.93
FGI opened up 79% after news, ran to $19.93 through eight halts, then gave back most of the run by the close.
News via Stock News API
What happened
Draft for review. Not published.
Earnings, then a gap
Earnings beat estimates after the August 12 close of $4.73. FGI opened the 13th at $8.48, up 79%. It was halted five times before 10:31.
The $11.00 bid
After the call transcript ran at 10:47, it reached $12.30. From 11:13, a bid of up to 37K shares sat at $11.00.
Stop It's 11:22. FGI is at $11.29. A bid for tens of thousands of shares has been sitting at $11.00 since 11:13, just below. Would you buy here, counting on it to hold?
Press play: the real Level 2, tape and chart run from 11:19 a.m. and stop at 11:22 a.m. ET for your call.
It did not hold. At 11:22:31, 15K shares traded at $11.00 in one second, and the bid was gone. That minute's low was $10.89.
A break above $12.48
Stop It's 11:54. FGI is at $11.79. The high of the day so far is $12.48, from 11:11. Would you buy a break above it?
Press play: the real Level 2, tape and chart run from 11:51 a.m. and stop at 11:54 a.m. ET for your call.
It broke out. A 57K-share buy pushed it to $13.00 that minute. Then it ran to $19.93 before the 12:38 halt.
Stop It's 12:43. FGI has been halted since 12:38 with the last trade at $19.93. Trading is about to resume. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 12:40 p.m. and stop at 12:43 p.m. ET for your call.
It reopened 8% lower, at $18.38.
Two more halts followed. It closed at $11.54.
What to take from it: The $11.00 bid looked like support until the price reached it, then it vanished in one second.
Replay FGI's day
It starts at 9:49 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:52 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
Gap, run, gave some back. It gapped up 79.3% to $8.48 at the open, ran from the open to the high of $19.93 in 187 minutes through 5 halts, then gave back 72% of that move by 4:00 p.m., trading at $11.71, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 12, 4:15 p.m. | News (PRNewsWire): FGI INDUSTRIES ANNOUNCES SECOND QUARTER 2026 RESULTS | |
| Aug 12, 6:41 p.m. | News (Zacks Investment Research): FGI Industries Ltd. (FGI) Beats Q2 Earnings Estimates | |
| 5:17 a.m. | First trade 20% above the previous close of $4.73 | |
| 7:00 a.m. | Volume since 4:00 a.m. passes the whole float, 1.93 million shares | |
| 8:20 a.m. | Pre-market high, $9.70 | |
| 9:30 a.m. | The open: $8.48, up 79.3% from the previous close | |
| 12:37 p.m. | High of the day to the close, $19.93 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $11.71, 41.2% 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
- $4.73
- Open, 9:30 a.m.
- $8.48
- Gap at the open
- +79.3%
- Pre-market high
- $9.70 at 8:20 a.m.
- High, 4 a.m. to 4 p.m.
- $19.93 at 12:37 p.m.
- Low, 4 a.m. to 4 p.m.
- $4.81
- Close, 4 p.m.
- $11.71
- Change at 4 p.m.
- +147.6%
- After-hours high, 4 p.m. to 8 p.m.
- $13.00 at 5:58 p.m.
- Volume, 4 a.m. to 4 p.m.
- 45.14 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.28 million
- Relative volume by 8 p.m.
- 1113.5×
- Float
- 1.93 million shares, from filings as of August 13, 2026
- Shares outstanding
- 1.93 million
- From news to the move: the first trade 20% above the previous close came 10 hours 35 minutes after the latest news item before it (Zacks Investment Research, Aug 12, 6:41 p.m.).
- Volume, from the one-minute bars: 16.92 million shares before the 9:30 a.m. open (36%), 2.57 million in the first 30 minutes (6%), and 26.93 million in the rest of the day to 8 p.m. (58%).
- Float rotation, the volume since 4 a.m. against the float of 1.93 million shares: past it once at 7:00 a.m., twice at 7:06 a.m., three times at 7:21 a.m.
- Other days FGI met the small-cap rule in our recaps: 1, the latest on August 12, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 (8)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:36 a.m. | 9:41 a.m. | 5 min 0 s | down 7.9% | $7.40, down 1.3% | down 1.1% | LULD pause (limit up-limit down) | |
| 10:02 a.m. | 10:07 a.m. | 5 min 0 s | up 11.5% | $9.36, up 4.8% | LULD pause (limit up-limit down) | ||
| 10:07 a.m. | 10:17 a.m. | 10 min 0 s | up 15.3% | $10.20, down 1.0% | up 3.5% | LULD pause (limit up-limit down) | |
| 10:19 a.m. | 10:24 a.m. | 5 min 0 s | up 2.5% | $9.40, down 11.0% | up 4.8% | LULD pause (limit up-limit down) | |
| 10:25 a.m. | 10:30 a.m. | 5 min 0 s | down 6.7% | $9.65, down 2.0% | up 6.7% | LULD pause (limit up-limit down) | |
| 12:38 p.m. | 12:43 p.m. | 5 min 0 s | up 20.1% | $18.38, down 7.8% | down 9.5% | LULD pause (limit up-limit down) | |
| 12:48 p.m. | 12:53 p.m. | 5 min 0 s | down 9.8% | $16.64, unchanged | down 0.9% | LULD pause (limit up-limit down) | |
| 1:00 p.m. | 1:05 p.m. | 5 min 0 s | down 13.2% | $14.25, down 4.7% | up 3.6% | 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 FGI 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.