Hindsight Markets Recaps Small-cap stocks on August 18, 2026
SGLY, August 18: a 4:53 a.m. spike to $9.85, two halts, and $3.49
SGLY opened up 50%, then faded below its open by the close.
What happened
Draft for review. Not published.
Spike before the bell
The day's top came early. SGLY hit $9.85 at 4:53 a.m., 119% over the $4.49 close.
A 25K-share bid at $6.45 was pulled at 9:28:01, before the open.
Stop It's 9:39. SGLY is at $6.09, below the $6.75 open. A preliminary proxy was filed two minutes ago. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:36 a.m. and stop at 9:39 a.m. ET for your call.
It fell to $5.52 that minute on 114K shares.
The offering halt
The news hit mid-drop. At 3:09:21 it was halted at $5.32 as a $1.8M offering was priced.
Stop It's 3:14. SGLY was halted at 3:09 with the last trade at $5.32. It is reopening at $5.15. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:11 p.m. and stop at 3:14 p.m. ET for your call.
It reopened 3% lower and hit $4.75 that minute.
By 3:31 it was $3.96.
Stop It's 3:37. SGLY was halted at 3:32 with the last trade at $3.96. It is reopening at $3.91. The first halt stopped at $5.32 half an hour ago. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:34 p.m. and stop at 3:37 p.m. ET for your call.
It sank to $3.37 that minute and $3.28 at 3:39.
It closed at $3.49, 65% under the high.
What to take from it: Both reopens came lower, and each one kept falling.
Replay SGLY's day
It starts at 8:21 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:24 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 and fade. It gapped up 50.3% to $6.75 at the open and traded below the open by 4:00 p.m., at $3.49.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $4.49 | |
| 4:44 a.m. | Volume since 4:00 a.m. passes the whole float, 896,904 shares | |
| 4:53 a.m. | Pre-market high, $9.85 | |
| 4:53 a.m. | High of the day to the close, $9.85 | |
| 9:30 a.m. | The open: $6.75, up 50.3% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.49, 64.6% 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
- $4.49
- Open, 9:30 a.m.
- $6.75
- Gap at the open
- +50.3%
- Pre-market high
- $9.85 at 4:53 a.m.
- High, 4 a.m. to 4 p.m.
- $9.85 at 4:53 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.28
- Close, 4 p.m.
- $3.49
- Change at 4 p.m.
- −22.3%
- After-hours high, 4 p.m. to 8 p.m.
- $3.84 at 4:31 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.48 million
- Volume after hours, 4 p.m. to 8 p.m.
- 165,748
- Relative volume by 8 p.m.
- 35.0×
- Float
- 896,904 shares, from filings as of August 18, 2026
- Shares outstanding
- 896,904
- Volume, from the one-minute bars: 5.33 million shares before the 9:30 a.m. open (70%), 435,130 in the first 30 minutes (6%), and 1.88 million in the rest of the day to 8 p.m. (25%).
- Float rotation, the volume since 4 a.m. against the float of 896,904 shares: past it once at 4:44 a.m., twice at 4:54 a.m., three times at 5:10 a.m.
- Other days SGLY met the small-cap rule in our recaps: 3, the latest on August 20, 2026.
On the day's lists: the pre-market gappers, 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 3:09 p.m. | 3:14 p.m. | 5 min 0 s | down 10.6% | $5.15, down 3.2% | down 2.1% | LULD pause (limit up-limit down) | |
| 3:32 p.m. | 3:37 p.m. | 5 min 0 s | down 12.8% | $3.91, down 1.3% | down 9.5% | 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 SGLY 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.