Hindsight Markets Recaps Small-cap stocks on August 25, 2026
PRZO, August 25: news and $1.15
PRZO opened up 15% after news, ran to $0.9019, then gave back some of the run by the close.
News via Stock News API
What happened
Before the open
The news came first: news at 8:18 a.m. Before the bell it reached $1.15, on 17M shares.
The open
It opened up 15%, at $0.7192. It ran to $0.9019 by 1:17 p.m.
The close
It closed at $0.8175, 29% under its high.
What to take from it: The high came early. Most of the run was gone by the close, so the move was in the morning, not the hold.
The details
How it traded, step by step
Gap, run, gave some back. It gapped up 14.9% to $0.7192 at the open, ran from the open to the high of $0.9019 in 227 minutes, then gave back 46% of that move by 4:00 p.m., trading at $0.8175, still above the open.
| Time (ET) | What happened |
|---|---|
| 8:18 a.m. | News (GlobeNewsWire): ParaZero Receives First DefendAir Order from U.S. Federal Agency, Marking Entry into the U.S. Counter-UAS Market |
| 8:18 a.m. | First trade 20% above the previous close of $0.6258 |
| 8:20 a.m. | Pre-market high, $1.15 |
| 8:20 a.m. | High of the day to the close, $1.15 |
| 9:30 a.m. | The open: $0.7192, up 14.9% from the previous close |
| 1:18 p.m. | Volume since 4:00 a.m. passes the whole float, 25.58 million shares |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.8175, 28.9% 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
- $0.6258
- Open, 9:30 a.m.
- $0.7192
- Gap at the open
- +14.9%
- Pre-market high
- $1.15 at 8:20 a.m.
- High, 4 a.m. to 4 p.m.
- $1.15 at 8:20 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.6351
- Close, 4 p.m.
- $0.8175
- Change at 4 p.m.
- +30.6%
- After-hours high, 4 p.m. to 8 p.m.
- $0.8792 at 4:06 p.m.
- Volume, 4 a.m. to 4 p.m.
- 27.11 million
- Volume after hours, 4 p.m. to 8 p.m.
- 804,151
- Relative volume by 8 p.m.
- 59.4×
- Float
- 25.58 million shares, from filings as of August 25, 2026
- Shares outstanding
- 25.93 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (GlobeNewsWire, 8:18 a.m.).
- Volume, from the one-minute bars: 16.97 million shares before the 9:30 a.m. open (61%), 1.53 million in the first 30 minutes (5%), and 9.43 million in the rest of the day to 8 p.m. (34%).
- Float rotation, the volume since 4 a.m. against the float of 25.58 million shares: past it once at 1:18 p.m.
- In our recaps, this is the only day PRZO met the small-cap rule.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, 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 PRZO 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 PRZO on August 25, 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.