Hindsight Markets Recaps Small-cap stocks on August 18, 2026
RCON, August 18: four halts and $6.41
RCON opened near its previous close, ran to $6.41 through four halts, 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 $5.40, on 31K shares.
The open
It opened near its previous close, at $4.25. It ran to $6.41 by 10:42 a.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it four times, from 10:36 a.m. to 11:01 a.m. The biggest jump was the reopen after 10:45 a.m.: 5% below the last trade before it.
The close
It closed at $3.35, 48% under its high.
What to take from it: The run did not hold: it finished below where it opened.
The details
How it traded, step by step
Intraday run and fade. It opened down 5.1% at $4.25, then ran from the open to the high of $6.41 in 72 minutes through a halt, and gave it all back: it traded at $3.35 at 4:00 p.m., below the open.
| Time (ET) | What happened |
|---|---|
| 9:00 a.m. | First trade 20% above the previous close of $4.48 |
| 9:00 a.m. | Pre-market high, $5.40 |
| 9:30 a.m. | The open: $4.25, down 5.1% from the previous close |
| 10:42 a.m. | High of the day to the close, $6.41 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.35, 47.7% below the high |
| 4:45 p.m. | Volume since 4:00 a.m. passes the whole float, 950,506 shares |
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
- $4.48
- Open, 9:30 a.m.
- $4.25
- Gap at the open
- −5.1%
- Pre-market high
- $5.40 at 9:00 a.m.
- High, 4 a.m. to 4 p.m.
- $6.41 at 10:42 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.01
- Close, 4 p.m.
- $3.35
- Change at 4 p.m.
- −25.2%
- After-hours high, 4 p.m. to 8 p.m.
- $6.70 at 4:56 p.m.
- Volume, 4 a.m. to 4 p.m.
- 534,198
- Volume after hours, 4 p.m. to 8 p.m.
- 2.17 million
- Relative volume by 8 p.m.
- 21.6×
- Float
- 950,506 shares, from filings as of August 18, 2026
- Shares outstanding
- 963,224
- Volume, from the one-minute bars: 30,556 shares before the 9:30 a.m. open (1%), 45,714 in the first 30 minutes (2%), and 2.63 million in the rest of the day to 8 p.m. (97%).
- Float rotation, the volume since 4 a.m. against the float of 950,506 shares: past it once at 4:45 p.m., twice at 5:02 p.m.
- Other days RCON met the small-cap rule in our recaps: 2, the latest on August 25, 2026.
- The next session, August 19, 2026, it gapped up 18.6% at 9:30 a.m.
On the day's lists: the after-hours movers. It is here because it met the small-cap rule on the after-hours movers: 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 (4)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 10:36 a.m. | 10:41 a.m. | 5 min 0 s | up 12.1% | $6.00, down 0.5% | down 10.5% | LULD pause (limit up-limit down) |
| 10:45 a.m. | 10:50 a.m. | 5 min 0 s | down 10.9% | $5.10, down 5.0% | down 11.8% | LULD pause (limit up-limit down) |
| 10:52 a.m. | 10:57 a.m. | 5 min 0 s | down 16.2% | $4.46, down 0.9% | up 14.6% | LULD pause (limit up-limit down) |
| 11:01 a.m. | 11:06 a.m. | 5 min 0 s | up 13.6% | $5.10, down 0.2% | down 3.9% | 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 RCON on August 18, 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.