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Hindsight Markets Recaps Small-cap stocks on September 24, 2026

FOFO, September 24: a 3:02 p.m. halt and a $3.31 after-hours spike

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FOFO opened near its previous close, then ran to $2.90 through one halt during the session.

$3.31$1.764 a.m.9:30noon4 p.m.8 p.m.
FOFO on September 24, 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

Draft for review. Not published.

Quiet, then a halt

FOFO did almost nothing until mid-afternoon. It opened at $1.79 and crept to $2.20 by 3:01 p.m. on thin volume.

Then it jumped to $2.62 and was halted at 3:02:46. It reopened at 3:07:46 at the same price.

Walls that left

After the reopen, big sell orders stacked up above the price.

Stop It's 3:12. FOFO is at $2.69. A wall of about 24,800 shares has sat at $3.05 since 3:08, and a new wall just appeared at $2.94. Would you buy here?

Press play: the real Level 2, tape and chart run from 3:09 p.m. and stop at 3:12 p.m. ET for your call.

It hit $2.90 that minute. Both walls were pulled within seconds, at 3:12:43 and 3:12:46.

Stop It's 3:24. FOFO is at $2.62. The $3.02 wall showed 26,596 shares at 3:22:25, and the high so far is $2.90. Would you buy here?

Press play: the real Level 2, tape and chart run from 3:21 p.m. and stop at 3:24 p.m. ET for your call.

It topped at $2.80. The $3.02 wall was pulled at 3:25:00 without trading. By 3:33 the stock was at $2.22.

Close and after hours

It closed near $2.43. After the bell it ran again, and the day's high of $3.31 came at 4:11 p.m.

What to take from it: On FOFO, the walls above the price were pulled, not bought through, and the price fell back.

Replay FOFO's day

It starts at 3:44 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:47 p.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

Intraday run. It opened up 1.7% at $1.79, then ran from the open to the high of $2.90 in 342 minutes through a halt.

Time (ET)What happenedWatch it
7:28 a.m.Pre-market high, $1.82
9:30 a.m.The open: $1.79, up 1.7% from the previous close
2:00 p.m.First trade 20% above the previous close of $1.76
3:12 p.m.High of the day to the close, $2.90
3:59 p.m.Last trade before the 4:00 p.m. close, $2.43, 16.2% below the high
4:03 p.m.Volume since 4:00 a.m. passes the whole float, 1.68 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
$1.76
Open, 9:30 a.m.
$1.79
Gap at the open
+1.7%
Pre-market high
$1.82 at 7:28 a.m.
High, 4 a.m. to 4 p.m.
$2.90 at 3:12 p.m.
Low, 4 a.m. to 4 p.m.
$1.79
Close, 4 p.m.
$2.43
Change at 4 p.m.
+38.1%
After-hours high, 4 p.m. to 8 p.m.
$3.31 at 4:11 p.m.
Volume, 4 a.m. to 4 p.m.
1.33 million
Volume after hours, 4 p.m. to 8 p.m.
2.58 million
Relative volume by 8 p.m.
n/m
Float
1.68 million shares, from filings as of September 24, 2026
Shares outstanding
3.57 million
  • Volume, from the one-minute bars: 220 shares before the 9:30 a.m. open (0%), 38 in the first 30 minutes (0%), and 3.91 million in the rest of the day to 8 p.m. (100%).
  • Float rotation, the volume since 4 a.m. against the float of 1.68 million shares: past it once at 4:03 p.m., twice at 4:28 p.m.
  • In our recaps, this is the only day FOFO met the small-cap rule.

On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 (1)
HaltedResumedLengthThe 5 minutes into itReopened at, against the last tradeThe 5 minutes afterReason in the feedWatch it
3:02 p.m.3:07 p.m.5 min 0 sup 21.9%$2.62, unchangedup 1.5%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 FOFO on September 24, 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.

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