Hindsight Markets Recaps Small-cap stocks on August 27, 2026
BRNX, August 27: 12 halts, $10.35, and the wall at $3.49
BRNX opened up 10%, ran to $10.35 through twelve halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A second climb
Pre-market was wild. By 7:43 a.m. the whole float had traded, and it hit $9.67. At 11:39 one buy order swept from $8.18 to $8.67.
Stop It's 11:50. BRNX is at $8.60. It was $7.28 an hour ago and has been climbing since 11:36. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:47 a.m. and stop at 11:50 a.m. ET for your call.
It ran to $9.64 and was halted at 11:52:06. After the reopen it hit $10.35 at 11:59.
The wall at $3.49
After the top, each bounce stopped lower. On the way down it was halted four times from 1:17 p.m. Then about 50,000 shares sat offered at $3.49.
Stop It's 1:48. BRNX is halted for the fourth time since 1:17, with the last trade at $3.60, and is due back in under a minute. About 50,000 shares are offered at $3.49. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 1:45 p.m. and stop at 1:48 p.m. ET for your call.
The 1:48:51 reopen hit the wall. In 1.2 seconds, 31K shares traded at $3.49 and the wall was gone. Buyers ate it.
Halted again at 1:49:12, it reopened at 1:59 at $4.34, 13% higher, but did not hold.
The close
It closed at $3.81, 63% under the high.
What to take from it: The whole run was gone by the close, and buying right after a reopen or a wall break cost more than the screen showed.
Replay BRNX's day
It starts at 1:13 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:16 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 10.4% to $6.89 at the open, ran from the open to the high of $10.35 in 149 minutes through a halt, then gave back 189% of that move by 4:00 p.m., trading at $3.81, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:22 a.m. | First trade 20% above the previous close of $6.24 | |
| 7:43 a.m. | Pre-market high, $9.67 | |
| 7:43 a.m. | Volume since 4:00 a.m. passes the whole float, 436,783 shares | |
| 9:30 a.m. | The open: $6.89, up 10.4% from the previous close | |
| 11:59 a.m. | High of the day to the close, $10.35 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.81, 63.2% 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
- $6.24
- Open, 9:30 a.m.
- $6.89
- Gap at the open
- +10.4%
- Pre-market high
- $9.67 at 7:43 a.m.
- High, 4 a.m. to 4 p.m.
- $10.35 at 11:59 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.26
- Close, 4 p.m.
- $3.81
- Change at 4 p.m.
- −38.9%
- After-hours high, 4 p.m. to 8 p.m.
- $4.30 at 5:47 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.84 million
- Volume after hours, 4 p.m. to 8 p.m.
- 533,300
- Relative volume by 8 p.m.
- 14.7×
- Float
- 436,783 shares, from filings as of August 27, 2026
- Shares outstanding
- 436,783
- Volume, from the one-minute bars: 1.84 million shares before the 9:30 a.m. open (34%), 96,841 in the first 30 minutes (2%), and 3.43 million in the rest of the day to 8 p.m. (64%).
- Float rotation, the volume since 4 a.m. against the float of 436,783 shares: past it once at 7:43 a.m., twice at 7:46 a.m., three times at 7:58 a.m.
- Other days BRNX met the small-cap rule in our recaps: 5, the latest on August 26, 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 (12)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 11:52 a.m. | 11:57 a.m. | 5 min 0 s | up 15.6% | $9.64, unchanged | down 8.0% | LULD pause (limit up-limit down) | |
| 12:00 p.m. | 12:05 p.m. | 5 min 0 s | down 8.0% | $8.88, up 0.1% | up 3.6% | LULD pause (limit up-limit down) | |
| 12:14 p.m. | 12:19 p.m. | 5 min 0 s | down 10.1% | $8.30, up 0.4% | up 2.9% | LULD pause (limit up-limit down) | |
| 1:17 p.m. | 1:22 p.m. | 5 min 0 s | down 12.7% | $6.29, down 0.5% | down 10.0% | LULD pause (limit up-limit down) | |
| 1:23 p.m. | 1:33 p.m. | 10 min 2 s | down 10.4% | $5.06, down 10.6% | LULD pause (limit up-limit down) | ||
| 1:33 p.m. | 1:43 p.m. | 10 min 1 s | down 19.6% | $4.00, down 12.1% | LULD pause (limit up-limit down) | ||
| 1:43 p.m. | 1:48 p.m. | 5 min 0 s | down 20.9% | $3.49, down 3.1% | up 10.0% | LULD pause (limit up-limit down) | |
| 1:49 p.m. | 1:59 p.m. | 10 min 1 s | up 6.7% | $4.34, up 13.0% | down 8.1% | LULD pause (limit up-limit down) | |
| 2:05 p.m. | 2:10 p.m. | 5 min 0 s | down 10.9% | $3.91, unchanged | down 5.4% | LULD pause (limit up-limit down) | |
| 2:12 p.m. | 2:17 p.m. | 5 min 0 s | down 5.4% | $3.72, up 0.5% | down 6.2% | LULD pause (limit up-limit down) | |
| 2:18 p.m. | 2:23 p.m. | 5 min 0 s | down 5.7% | $3.49, unchanged | up 13.2% | LULD pause (limit up-limit down) | |
| 2:28 p.m. | 2:33 p.m. | 5 min 0 s | up 20.2% | $4.00, up 0.3% | up 1.0% | 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 BRNX on August 27, 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.