Hindsight Markets Recaps Small-cap stocks on September 9, 2026
SUNE, September 9: a run to $4.87
SUNE opened up 27%, ran to $4.87, and held most of the move into the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $3.31, on 5.9M shares.
The open
It opened up 27%, at $3.00. It ran to $4.87 by 3:44 p.m.
The close
It closed at $4.51, 7% under its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 26.6% to $3.00 at the open, ran from the open to the high of $4.87 in 374 minutes, and held most of the move into the close: it gave back 19% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $2.37 |
| 6:24 a.m. | Pre-market high, $3.31 |
| 9:30 a.m. | The open: $3.00, up 26.6% from the previous close |
| 9:35 a.m. | Volume since 4:00 a.m. passes the whole float, 6.51 million shares |
| 3:44 p.m. | High of the day to the close, $4.87 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.51, 7.4% 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
- $2.37
- Open, 9:30 a.m.
- $3.00
- Gap at the open
- +26.6%
- Pre-market high
- $3.31 at 6:24 a.m.
- High, 4 a.m. to 4 p.m.
- $4.87 at 3:44 p.m.
- Low, 4 a.m. to 4 p.m.
- $2.82
- Close, 4 p.m.
- $4.51
- Change at 4 p.m.
- +90.3%
- After-hours high, 4 p.m. to 8 p.m.
- $5.03 at 4:20 p.m.
- Volume, 4 a.m. to 4 p.m.
- 32.52 million
- Volume after hours, 4 p.m. to 8 p.m.
- 6.92 million
- Relative volume by 8 p.m.
- 71.8×
- Float
- 6.51 million shares, from filings as of September 9, 2026
- Shares outstanding
- 6.51 million
- Volume, from the one-minute bars: 5.93 million shares before the 9:30 a.m. open (15%), 2.69 million in the first 30 minutes (7%), and 30.83 million in the rest of the day to 8 p.m. (78%).
- Float rotation, the volume since 4 a.m. against the float of 6.51 million shares: past it once at 9:35 a.m., twice at 10:39 a.m., three times at 12:53 p.m.
- Other days SUNE met the small-cap rule in our recaps: 2, the latest on September 8, 2026.
On the day's lists: the pre-market gappers, gainers, 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 (none)
The exchange's halt feed shows no halts for SUNE 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 SUNE on September 9, 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.