Hindsight Markets Recaps Small-cap stocks on August 21, 2026
CANG, August 21: a run to $2.32
CANG opened near its previous close, then ran to $2.32 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $1.70, on 2K shares.
The open
It opened near its previous close, at $1.65. It ran to $2.32 by 10:52 a.m.
The close
It closed at $2.13, 8% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened up 1.9% at $1.65, then ran from the open to the high of $2.32 in 82 minutes.
| Time (ET) | What happened |
|---|---|
| 5:01 a.m. | Pre-market high, $1.70 |
| 9:30 a.m. | The open: $1.65, up 1.9% from the previous close |
| 9:59 a.m. | First trade 20% above the previous close of $1.62 |
| 10:52 a.m. | High of the day to the close, $2.32 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.13, 8.2% 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
- $1.62
- Open, 9:30 a.m.
- $1.65
- Gap at the open
- +1.9%
- Pre-market high
- $1.70 at 5:01 a.m.
- High, 4 a.m. to 4 p.m.
- $2.32 at 10:52 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.65
- Close, 4 p.m.
- $2.13
- Change at 4 p.m.
- +31.5%
- After-hours high, 4 p.m. to 8 p.m.
- $2.20 at 7:42 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.34 million
- Volume after hours, 4 p.m. to 8 p.m.
- 21,158
- Relative volume by 8 p.m.
- 20.3×
- Float
- 17.82 million shares, from filings as of August 21, 2026
- Shares outstanding
- 41.02 million
- Volume, from the one-minute bars: 1,500 shares before the 9:30 a.m. open (0%), 42,658 in the first 30 minutes (3%), and 1.31 million in the rest of the day to 8 p.m. (97%).
- In our recaps, this is the only day CANG 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 (none)
The exchange's halt feed shows no halts for CANG 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 CANG on August 21, 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.