Hindsight Markets Recaps Small-cap stocks on September 8, 2026
ISPC, September 8: a gap that faded
ISPC opened up 24%, then faded below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $2.17, on 4.4M shares.
The open
It opened up 24%, at $1.91.
The close
It closed at $1.58, 27% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 24.0% to $1.91 at the open and traded below the open by 4:00 p.m., at $1.58.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $1.54 |
| 4:29 a.m. | Pre-market high, $2.17 |
| 4:29 a.m. | High of the day to the close, $2.17 |
| 5:39 a.m. | Volume since 4:00 a.m. passes the whole float, 2.52 million shares |
| 9:30 a.m. | The open: $1.91, up 24.0% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.58, 27.2% 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
- $1.54
- Open, 9:30 a.m.
- $1.91
- Gap at the open
- +24.0%
- Pre-market high
- $2.17 at 4:29 a.m.
- High, 4 a.m. to 4 p.m.
- $2.17 at 4:29 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.55
- Close, 4 p.m.
- $1.58
- Change at 4 p.m.
- +2.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.80 at 6:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.45 million
- Volume after hours, 4 p.m. to 8 p.m.
- 198,162
- Relative volume by 8 p.m.
- 15.4×
- Float
- 2.52 million shares, from filings as of September 8, 2026
- Shares outstanding
- 2.52 million
- Volume, from the one-minute bars: 4.41 million shares before the 9:30 a.m. open (66%), 712,429 in the first 30 minutes (11%), and 1.52 million in the rest of the day to 8 p.m. (23%).
- Float rotation, the volume since 4 a.m. against the float of 2.52 million shares: past it once at 5:39 a.m., twice at 9:46 a.m.
- Other days ISPC met the small-cap rule in our recaps: 2, the latest on September 24, 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 (none)
The exchange's halt feed shows no halts for ISPC 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 ISPC on September 8, 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.