Hindsight Markets Recaps Small-cap stocks on September 18, 2026
PAAI, September 18: news after the close, 10 halts, and $5.89
PAAI spiked to $5.89 before the open after an 8-K, then gave much of it back in the session.
News via Stock News API
What happened
Draft for review. Not published.
News after the bell
On this day the news had landed the evening before. PAAI closed at $3.33, and a platform deal came out after the bell.
It was halted at 3:04 a.m. for news pending. Trading came back at 9:00 a.m.
Stop It's 9:00 a.m. PAAI's 9:00 bar opens at $3.47 as it comes out of its news halt. It closed yesterday at $3.33. The regular session is 30 minutes away. Would you buy here?
Press play: the real Level 2, tape and chart run from 8:57 a.m. and stop at 9:00 a.m. ET for your call.
That first minute was the top of the day: $5.89. Then it faded, down to $2.81 by 9:13.
The open and the halts
It opened at $2.91. Halt after halt followed, and the reopens printed lower: $3.10, $2.64, $2.17, then $1.71.
The $3.40 wall
A big offer sat at $3.40 from the open. It peaked near 131K shares. By 11:24 the stock was at $1.61.
Stop It's 11:30. PAAI is at $1.86, up from the $1.61 low at 11:24. Stock has been offered at $3.40 since the open, up to 131,033 shares at the peak. It was at $5.89 this morning. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:27 a.m. and stop at 11:30 a.m. ET for your call.
The bounce reached $2.18 and was halted at 11:34. At 11:39:45, one second after the reopen, the $3.40 wall was pulled. It topped at $2.33, hit $1.30 at 3:10 p.m. and closed at $1.49.
What to take from it: The high came in the first minute after the news halt; every push after that stopped lower.
Replay PAAI's day
It starts at 11:20 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:23 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
Pre-market spike. Before the open it spiked 76.9% from $3.33 to $5.89 at 9:00 a.m.. It opened down 12.6% at $2.91 and traded at $1.49 at 4:00 p.m.
| Time (ET) | What happened | Watch it |
|---|---|---|
| Sep 17, 5:45 p.m. | News (Business Wire): Paradium.AI Signs 10-Year Strategic Platform Agreement with Roundtable (Nasdaq: RTB) | |
| 6:04 a.m. | SEC filing 8-K: 8-K | |
| 9:00 a.m. | First trade 20% above the previous close of $3.33 | |
| 9:00 a.m. | Pre-market high, $5.89 | |
| 9:00 a.m. | High of the day to the close, $5.89 | |
| 9:30 a.m. | The open: $2.91, down 12.6% from the previous close | |
| 10:20 a.m. | Volume since 4:00 a.m. passes the whole float, 12.83 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.49, 74.7% 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
- $3.33
- Open, 9:30 a.m.
- $2.91
- Gap at the open
- −12.6%
- Pre-market high
- $5.89 at 9:00 a.m.
- High, 4 a.m. to 4 p.m.
- $5.89 at 9:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.30
- Close, 4 p.m.
- $1.49
- Change at 4 p.m.
- −55.3%
- After-hours high, 4 p.m. to 8 p.m.
- $1.80 at 4:59 p.m.
- Volume, 4 a.m. to 4 p.m.
- 18.70 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.76 million
- Relative volume by 8 p.m.
- 29.1×
- Float
- 12.83 million shares, from filings as of September 18, 2026
- Shares outstanding
- 47.61 million
- From news to the move: the first trade 20% above the previous close came 2 hours 55 minutes after the latest SEC filing before it (8-K, 6:04 a.m.).
- Volume, from the one-minute bars: 9.81 million shares before the 9:30 a.m. open (48%), 2.33 million in the first 30 minutes (11%), and 8.33 million in the rest of the day to 8 p.m. (41%).
- Float rotation, the volume since 4 a.m. against the float of 12.83 million shares: past it once at 10:20 a.m.
- Other days PAAI met the small-cap rule in our recaps: 2, the latest on September 22, 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 (10)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 3:04 a.m. | 9:00 a.m. | 355 min 7 s | $3.47 | up 20.7% | News pending | ||
| 9:30 a.m. | 9:35 a.m. | 5 min 0 s | down 2.5% | $3.10, up 0.3% | down 10.0% | LULD pause (limit up-limit down) | |
| 9:36 a.m. | 9:46 a.m. | 10 min 0 s | down 9.7% | $2.78, down 0.4% | down 15.8% | LULD pause (limit up-limit down) | |
| 9:47 a.m. | 9:57 a.m. | 10 min 0 s | down 16.1% | $2.17, down 7.3% | down 15.2% | LULD pause (limit up-limit down) | |
| 9:59 a.m. | 10:04 a.m. | 5 min 0 s | down 21.4% | $1.71, down 7.1% | LULD pause (limit up-limit down) | ||
| 10:04 a.m. | 10:09 a.m. | 5 min 0 s | up 2.2% | $1.99, up 5.9% | up 10.1% | LULD pause (limit up-limit down) | |
| 10:10 a.m. | 10:20 a.m. | 10 min 0 s | up 16.5% | $2.40, up 9.6% | down 12.5% | LULD pause (limit up-limit down) | |
| 10:21 a.m. | 10:26 a.m. | 5 min 0 s | down 4.1% | $2.09, down 0.5% | up 7.2% | LULD pause (limit up-limit down) | |
| 10:28 a.m. | 10:33 a.m. | 5 min 0 s | up 6.7% | $2.31, up 3.1% | down 6.5% | LULD pause (limit up-limit down) | |
| 11:34 a.m. | 11:39 a.m. | 5 min 0 s | up 17.2% | $2.19, up 0.5% | down 5.9% | 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 PAAI on September 18, 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.