Hindsight Markets Recaps Small-cap stocks on August 28, 2026
WCT, August 28: an offering headline, a bid at $1.16, three halts, and nearly $1.35
WCT opened down 49% after news, then ran to $1.34 through three halts during the session.
News via Stock News API
What happened
Draft for review. Not published.
An offering at 8:30
At 8:30 a.m. the company priced a $7.5 million share offering. By 8:32 it hit $0.32. It opened at $0.38, about half the $0.75 previous close.
The bid at $1.16
Then it ran, jumping from $0.79 to $1.16 in two minutes. At 10:57:56 a big bid appeared at exactly $1.16.
Stop It's 10:58. WCT is at $1.16, up from $0.79 at 10:55. A large bid has just appeared at exactly $1.16. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:55 a.m. and stop at 10:58 a.m. ET for your call.
At 10:58:06 the stock was halted. It reopened at $1.17. The bid was eaten a second later, and one sell order ran it down to $1.02.
The second halt
A second halt stopped it at $1.02. It reopened at 11:08:22 at $0.88, 14% lower.
Stop It's 11:09. WCT is at $0.73, down from $1.17 six minutes ago. A big ask wall has just appeared at $0.73. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:06 a.m. and stop at 11:09 a.m. ET for your call.
It was halted a third time at 11:09:01. It reopened at $0.65, 11% lower, and fell to $0.59 that minute.
The late run
The afternoon brought a second push, to the day's high near $1.35 at 3:41 p.m. It faded to $1.08 at the close.
What to take from it: A big bid did not hold, and two halts in a row reopened lower than they stopped.
Replay WCT's day
It starts at 10:39 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:42 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
Intraday run. It opened down 49.4% at $0.3787, then ran from the open to the high of $1.34 in 371 minutes through 3 halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 12:15 a.m. | SEC filing EFFECT: | |
| 4:19 a.m. | Pre-market high, $0.7653 | |
| 8:30 a.m. | News (GlobeNewsWire): Wellchange Holdings Company Limited Announces Pricing of $7.5 Million Public Offering of its Class A Ordinary Shares | |
| 9:30 a.m. | The open: $0.3787, down 49.4% from the previous close | |
| 10:55 a.m. | First trade 20% above the previous close of $0.749 | |
| 11:14 a.m. | Volume since 4:00 a.m. passes the whole float, 2.61 million shares | |
| 3:41 p.m. | High of the day to the close, $1.34 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.08, 19.7% 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
- $0.749
- Open, 9:30 a.m.
- $0.3787
- Gap at the open
- −49.4%
- Pre-market high
- $0.7653 at 4:19 a.m.
- High, 4 a.m. to 4 p.m.
- $1.34 at 3:41 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.3206
- Close, 4 p.m.
- $1.08
- Change at 4 p.m.
- +44.2%
- After-hours high, 4 p.m. to 8 p.m.
- $1.09 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.60 million
- Volume after hours, 4 p.m. to 8 p.m.
- 695,081
- Relative volume by 8 p.m.
- 12.6×
- Float
- 2.61 million shares, from filings as of August 28, 2026
- Shares outstanding
- 2.91 million
- From news to the move: the first trade 20% above the previous close came 2 hours 25 minutes after the latest news item before it (GlobeNewsWire, 8:30 a.m.).
- Volume, from the one-minute bars: 581,664 shares before the 9:30 a.m. open (7%), 251,490 in the first 30 minutes (3%), and 7.47 million in the rest of the day to 8 p.m. (90%).
- Float rotation, the volume since 4 a.m. against the float of 2.61 million shares: past it once at 11:14 a.m., twice at 2:45 p.m., three times at 4:05 p.m.
- Other days WCT met the small-cap rule in our recaps: 2, the latest on September 15, 2026.
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 (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 |
|---|---|---|---|---|---|---|---|
| 10:58 a.m. | 11:03 a.m. | 5 min 0 s | up 48.4% | $1.17, up 0.9% | LULD pause (limit up-limit down) | ||
| 11:03 a.m. | 11:08 a.m. | 5 min 0 s | down 12.1% | $0.88, down 13.7% | down 17.0% | LULD pause (limit up-limit down) | |
| 11:09 a.m. | 11:14 a.m. | 5 min 0 s | down 28.4% | $0.65, down 11.0% | up 7.1% | 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 WCT on August 28, 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.