Hindsight Markets Recaps Small-cap stocks on September 24, 2026
IFBD, September 24: two halts and a run to $2.07
IFBD opened near its previous close, then ran to $2.07 through two halts during the session.
What happened
Draft for review. Not published.
A quiet stock wakes up
IFBD traded just 2,254 shares the day before. At 10:38 it climbed from $1.00 to $1.19 on a few thousand shares. At 10:48 it jumped to $1.57, and at 10:48:59 it was halted.
Stop It's 10:54. IFBD reopened from its halt a few seconds ago at $1.65 and is at $1.66. It ran from $1.19 to $1.57 before the halt. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:51 a.m. and stop at 10:54 a.m. ET for your call.
It ran to $2.07, the day's high, that minute on 455K shares.
The second halt
The top did not hold. A lower high at $1.90 came at 10:57, and at 10:58:18 it was halted at $1.42.
Stop It's 11:03. IFBD is reopening from its second halt. It stopped at $1.42 a few minutes ago, and the high so far was $2.07. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 11:00 a.m. and stop at 11:03 a.m. ET for your call.
It reopened at $1.27, below the halt price, and hit $1.00 the next minute. By 11:25 it was at $0.8158, the day's low.
The close
It closed at $1.16 on 4.08M shares. A 6-K came at 5:00 p.m., and after hours it reached $1.80.
What to take from it: Here, a lower high before the second halt came before a reopen below the halt price.
Replay IFBD's day
It starts at 10:36 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:39 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
Intraday run. It opened down 3.6% at $0.91, then ran from the open to the high of $2.07 in 84 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:30 a.m. | The open: $0.91, down 3.6% from the previous close | |
| 10:40 a.m. | First trade 20% above the previous close of $0.9439 | |
| 10:54 a.m. | High of the day to the close, $2.07 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.16, 44.0% 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
- $0.9439
- Open, 9:30 a.m.
- $0.91
- Gap at the open
- −3.6%
- Pre-market high
- not available
- High, 4 a.m. to 4 p.m.
- $2.07 at 10:54 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.8158
- Close, 4 p.m.
- $1.16
- Change at 4 p.m.
- +22.9%
- After-hours high, 4 p.m. to 8 p.m.
- $1.80 at 5:44 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.08 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.36 million
- Relative volume by 8 p.m.
- n/m
- Float
- 8.19 million shares, from filings as of September 24, 2026
- Shares outstanding
- 8.19 million
- Volume, from the one-minute bars: 0 shares before the 9:30 a.m. open (0%), 1 in the first 30 minutes (0%), and 6.44 million in the rest of the day to 8 p.m. (100%).
- Other days IFBD met the small-cap rule in our recaps: 1, the latest on September 25, 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:48 a.m. | 10:53 a.m. | 5 min 0 s | up 31.9% | $1.65, up 5.1% | down 3.0% | LULD pause (limit up-limit down) | |
| 10:58 a.m. | 11:03 a.m. | 5 min 0 s | down 15.0% | $1.33, down 6.3% | down 25.6% | 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 IFBD 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.