Hindsight Markets Recaps Small-cap stocks on August 21, 2026
SUGP, August 21: the $4.20 wall, three halts, and a close at $1.60
SUGP opened up 27% after news, ran to $4.25 through three halts, then fell below its open by the close.
News via Stock News API
What happened
Draft for review. Not published.
Pre-market run
Compliance news came after the $3.02 close. By 4:11 a.m. more than the 702K-share float had traded. An ask wall sat at $5.00 from 6:56.
Stop It's 7:02. SUGP is at $4.44. The pre-market high so far is $4.65. An ask wall has sat at $5.00 since 6:56. Would you buy here?
Press play: the real Level 2, tape and chart run from 6:59 a.m. and stop at 7:02 a.m. ET for your call.
It reached $4.85 at 7:03 a.m., under the wall, then slipped back.
The $4.20 wall
After the $3.83 open, a $4.20 wall stood in the way.
Stop It's 9:53. SUGP is at $4.13. An ask wall has sat at $4.20 since 8:56 and peaked at 56,856 shares at 9:48. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:50 a.m. and stop at 9:53 a.m. ET for your call.
At 9:53:00 one buy swept up to $4.20. The wall was gone in 5.3 seconds, but the minute fell to $3.69.
Three halts
Halted at $1.79 at 12:36:48, it reopened at $1.12, 37% lower.
Two more halts followed. It closed at $1.60.
What to take from it: Here a broken wall led to no lasting move.
Replay SUGP's day
It starts at 12:32 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:35 p.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 and fade. It gapped up 26.8% to $3.83 at the open, ran from the open to the high of $4.25 in 23 minutes, then gave back 631% of that move by 4:00 p.m., trading at $1.60, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Aug 20, 4:00 p.m. | News (PRNewsWire): SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT | |
| 4:10 a.m. | First trade 20% above the previous close of $3.02 | |
| 4:11 a.m. | Volume since 4:00 a.m. passes the whole float, 701,604 shares | |
| 7:03 a.m. | Pre-market high, $4.85 | |
| 7:03 a.m. | High of the day to the close, $4.85 | |
| 9:30 a.m. | The open: $3.83, up 26.8% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.60, 67.0% 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
- $3.02
- Open, 9:30 a.m.
- $3.83
- Gap at the open
- +26.8%
- Pre-market high
- $4.85 at 7:03 a.m.
- High, 4 a.m. to 4 p.m.
- $4.85 at 7:03 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.12
- Close, 4 p.m.
- $1.60
- Change at 4 p.m.
- −47.0%
- After-hours high, 4 p.m. to 8 p.m.
- $1.80 at 5:43 p.m.
- Volume, 4 a.m. to 4 p.m.
- 21.46 million
- Volume after hours, 4 p.m. to 8 p.m.
- 468,651
- Relative volume by 8 p.m.
- 48.0×
- Float
- 701,604 shares, from filings as of August 21, 2026
- Shares outstanding
- 892,954
- From news to the move: the first trade 20% above the previous close came 12 hours 10 minutes after the latest news item before it (PRNewsWire, Aug 20, 4:00 p.m.).
- Volume, from the one-minute bars: 12.71 million shares before the 9:30 a.m. open (58%), 2.43 million in the first 30 minutes (11%), and 6.79 million in the rest of the day to 8 p.m. (31%).
- Float rotation, the volume since 4 a.m. against the float of 701,604 shares: past it once at 4:11 a.m., twice at 4:16 a.m., three times at 4:21 a.m.
- Other days SUGP met the small-cap rule in our recaps: 6, the latest on October 13, 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 (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 |
|---|---|---|---|---|---|---|---|
| 12:36 p.m. | 12:56 p.m. | 20 min 1 s | down 28.4% | $1.12, down 37.4% | up 19.6% | LULD pause (limit up-limit down) | |
| 12:57 p.m. | 1:02 p.m. | 5 min 0 s | down 25.1% | $1.48, up 10.4% | up 18.2% | LULD pause (limit up-limit down) | |
| 1:09 p.m. | 1:14 p.m. | 5 min 0 s | up 26.9% | $2.05, up 1.0% | down 26.6% | 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 SUGP 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.