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Hindsight Markets Recaps Small-cap stocks on August 31, 2026

SSM, August 31: a Form 4 and an after-hours run to $5.20

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SSM barely moved in the regular session after a Form 4, then ran to $5.20 after the close.

4$5.20$2.674 a.m.9:30noon4 p.m.8 p.m.
SSM on August 31, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: a Form 4 at 11:44 a.m. Before the bell it reached $2.90, on 290 shares.

The open

It opened near its previous close, at $2.70.

The close

It closed at $2.65, 9% under its high. After the close it ran to $5.20 by 5:34 p.m.

What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.

The details

How it traded, step by step

After-hours run. It opened up 1.1% at $2.70 and traded at $2.65 at the 4:00 p.m. close, then ran 96.2% from $2.65 to $5.20 at 5:34 p.m. after the close, on 3.73 million shares traded after hours.

Time (ET)What happened
7:18 a.m.Pre-market high, $2.90
7:18 a.m.High of the day to the close, $2.90
9:30 a.m.The open: $2.70, up 1.1% from the previous close
11:44 a.m.SEC filing 4: Insider sale of 4,000 sh at $2.75 ($11K) by Bambino 255 V V UG haftungsbeschrankt (10% owner)
3:59 p.m.Last trade before the 4:00 p.m. close, $2.65, 8.6% below the high
5:21 p.m.First trade 20% above the previous close of $2.67
5:40 p.m.Volume since 4:00 a.m. passes the whole float, 1.42 million shares

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
$2.67
Open, 9:30 a.m.
$2.70
Gap at the open
+1.1%
Pre-market high
$2.90 at 7:18 a.m.
High, 4 a.m. to 4 p.m.
$2.90 at 7:18 a.m.
Low, 4 a.m. to 4 p.m.
$2.62
Close, 4 p.m.
$2.65
Change at 4 p.m.
−0.7%
After-hours high, 4 p.m. to 8 p.m.
$5.20 at 5:34 p.m.
Volume, 4 a.m. to 4 p.m.
6,083
Volume after hours, 4 p.m. to 8 p.m.
3.73 million
Relative volume by 8 p.m.
41.9×
Float
1.42 million shares, from filings as of August 31, 2026
Shares outstanding
1.42 million
  • From news to the move: the first trade 20% above the previous close came 5 hours 36 minutes after the latest SEC filing before it (4, 11:44 a.m.).
  • Volume, from the one-minute bars: 290 shares before the 9:30 a.m. open (0%), 1,076 in the first 30 minutes (0%), and 3.73 million in the rest of the day to 8 p.m. (100%).
  • Float rotation, the volume since 4 a.m. against the float of 1.42 million shares: past it once at 5:40 p.m., twice at 6:32 p.m.
  • Other days SSM met the small-cap rule in our recaps: 6, the latest on October 2, 2026.
  • The next session, September 1, 2026, it was up 77.6% from its previous close at the 4:00 p.m. close.

On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: 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 SSM 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.

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