Hindsight Markets Recaps Small-cap stocks on September 15, 2026
FBDT, September 15: news, two halts, and $1.25
FBDT opened near its previous close after news, then ran to $1.25 through two halts during the session.
News via Stock News API
What happened
Before the open
The news came first: news at 8:31 a.m. Before the bell it reached $0.68, on 25K shares.
The open
It opened near its previous close, at $0.669. It ran to $1.25 by 1:55 p.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it two times, from 1:34 p.m. to 2:06 p.m.
The close
It closed at $0.9909, 21% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened up 4.4% at $0.669, then ran from the open to the high of $1.25 in 265 minutes through a halt.
| Time (ET) | What happened |
|---|---|
| 8:09 a.m. | Pre-market high, $0.68 |
| 8:31 a.m. | News (Accesswire): First Breach Secures Federal Explosives License for Attritible Drone Manufacturing |
| 9:30 a.m. | The open: $0.669, up 4.4% from the previous close |
| 10:11 a.m. | First trade 20% above the previous close of $0.6411 |
| 1:55 p.m. | High of the day to the close, $1.25 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.9909, 20.7% below the high |
| 4:58 p.m. | Volume since 4:00 a.m. passes the whole float, 22.80 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
- $0.6411
- Open, 9:30 a.m.
- $0.669
- Gap at the open
- +4.4%
- Pre-market high
- $0.68 at 8:09 a.m.
- High, 4 a.m. to 4 p.m.
- $1.25 at 1:55 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.638
- Close, 4 p.m.
- $0.9909
- Change at 4 p.m.
- +54.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.00 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 21.63 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.93 million
- Relative volume by 8 p.m.
- 53.7×
- Float
- 22.80 million shares, from filings as of September 15, 2026
- Shares outstanding
- 55.78 million
- From news to the move: the first trade 20% above the previous close came 1 hour 40 minutes after the latest news item before it (Accesswire, 8:31 a.m.).
- Volume, from the one-minute bars: 24,912 shares before the 9:30 a.m. open (0%), 68,886 in the first 30 minutes (0%), and 23.47 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 22.80 million shares: past it once at 4:58 p.m.
- In our recaps, this is the only day FBDT met the small-cap rule.
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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 1:34 p.m. | 1:39 p.m. | 5 min 0 s | up 24.1% | $1.08, unchanged | down 9.6% | LULD pause (limit up-limit down) |
| 2:06 p.m. | 2:11 p.m. | 5 min 0 s | down 12.3% | $0.9998, unchanged | down 6.0% | 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 FBDT on September 15, 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.