Hindsight Markets Recaps Small-cap stocks on August 13, 2026
PSQH, August 13: a 10:02 headline, three halts, and $5.71
PSQH opened near its previous close after news, then ran to $5.71 through three halts during the session.
News via Stock News API
What happened
Draft for review. Not published.
Headline during a halt
On this day the news hit while trading was frozen. PSQH opened at $3.65. A 35K-share offer sat at $4.40.
It was halted at 9:54:05 at $3.77. At 10:02 a $1.3 million private placement was announced.
It reopened at 10:18:51 at $4.40, 17% higher. The rest of the $4.40 offer was pulled at 10:18:57.
The second halt
It hit $5.14, paused at 10:19:51, and reopened at $5.00 at 10:24:54.
Stop It's 10:25. PSQH is at $4.62. It reopened from its second halt a minute ago at $5.00. The day's high so far is $5.14. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:22 a.m. and stop at 10:25 a.m. ET for your call.
At 10:27 it hit $5.71. A third pause came at 10:33:03 at $4.69.
Stop It's 10:39. PSQH is at $5.06. It reopened from its third halt at $4.63. The high so far is $5.71. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:36 a.m. and stop at 10:39 a.m. ET for your call.
Its best was $5.19 at 10:41, well under the top.
The bid that left
On this day a big bid did not hold the price. A 41K-share bid sat at $3.98. It was pulled at 11:02:24 without trading. By 11:16 the price hit $3.88. It closed at $4.25, 26% under the high.
What to take from it: A big order on the book can vanish, and the next push after a top can stop lower.
Replay PSQH's day
It starts at 11:35 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:38 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 2.0% at $3.65, then ran from the open to the high of $5.71 in 57 minutes through two halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:27 a.m. | Pre-market high, $3.72 | |
| 9:30 a.m. | The open: $3.65, up 2.0% from the previous close | |
| 10:02 a.m. | News (Business Wire): Donald Trump Jr. & Pilot Family Lead $1.3 Million Private Placement for PSQ Holdings | |
| 10:18 a.m. | First trade 20% above the previous close of $3.58 | |
| 10:27 a.m. | High of the day to the close, $5.71 | |
| 1:28 p.m. | Volume since 4:00 a.m. passes the whole float, 2.91 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.25, 25.6% 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
- $3.58
- Open, 9:30 a.m.
- $3.65
- Gap at the open
- +2.0%
- Pre-market high
- $3.72 at 7:27 a.m.
- High, 4 a.m. to 4 p.m.
- $5.71 at 10:27 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.65
- Close, 4 p.m.
- $4.25
- Change at 4 p.m.
- +18.7%
- After-hours high, 4 p.m. to 8 p.m.
- $4.44 at 4:33 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.23 million
- Volume after hours, 4 p.m. to 8 p.m.
- 22,841
- Relative volume by 8 p.m.
- 48.9×
- Float
- 2.91 million shares, from filings as of August 13, 2026
- Shares outstanding
- 3.37 million
- From news to the move: the first trade 20% above the previous close came 16 minutes after the latest news item before it (Business Wire, 10:02 a.m.).
- Volume, from the one-minute bars: 33 shares before the 9:30 a.m. open (0%), 975 in the first 30 minutes (0%), and 3.25 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 2.91 million shares: past it once at 1:28 p.m.
- In our recaps, this is the only day PSQH met the small-cap rule.
On the day's lists: the gainers, intraday runners. 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 (3)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:54 a.m. | 10:18 a.m. | 24 min 46 s | up 1.6% | $4.40, up 16.7% | up 16.8% | News pending | |
| 10:19 a.m. | 10:24 a.m. | 5 min 3 s | up 36.3% | $5.00, down 2.7% | up 5.4% | LULD pause (limit up-limit down) | |
| 10:33 a.m. | 10:38 a.m. | 5 min 8 s | down 11.0% | $4.63, down 1.3% | up 2.8% | 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 PSQH 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.