Hindsight Markets Recaps Small-cap stocks on October 1, 2026
MEDS, October 1: a 6:00 headline, $5.43, and a $4.10 bid that got eaten
MEDS opened up 23% after news, ran to $4.35, then gave back most of the run by the close.
News via Stock News API
What happened
Draft for review. Not published.
Headline and spike
A 6:00 a.m. revenue headline set it off. From the $3.17 prior close it hit $5.43 at 6:14, 71% higher. By 6:48 it sank to $3.80.
Then it climbed back, reaching $4.62 by 7:17.
Stop It's 7:17. MEDS is at $4.62. It topped at $5.43 at 6:14, fell as low as $3.80 at 6:48, and has been climbing since. Would you buy here?
Press play: the real Level 2, tape and chart run from 7:14 a.m. and stop at 7:17 a.m. ET for your call.
Two buy sweeps hit seconds later. The 7:18 candle reached $5.10, a lower high. It never traded above $4.86 again.
The $4.10 bid
After a $3.89 open, a bid sat at exactly $4.10 from 10:11. It peaked at 51K shares. A big ask sat above at $4.35.
Stop It's 10:22. MEDS is at $4.13. A bid of up to 50,675 shares has been sitting at $4.10 since 10:11, just below. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:19 a.m. and stop at 10:22 a.m. ET for your call.
The bid did not hold. From 10:22:52, 39K shares traded there, and it was gone at 10:23:25. The 10:24 candle fell to $3.93.
The close
It stayed under $4.35 all session. The low after the open was $3.63. By 3:59 p.m. it was $4.05, 25% under the high.
What to take from it: Here the big $4.10 bid was eaten in 32 seconds, and the price fell right through it.
Replay MEDS's day
It starts at 7:02 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:05 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
Gap, run, gave some back. It gapped up 22.7% to $3.89 at the open, ran from the open to the high of $4.35 in 20 minutes, then gave back 65% of that move by 4:00 p.m., trading at $4.05, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:00 a.m. | News (Accesswire): DataMeds AI's Corexa Pharmacy Surpasses $1 Million In Monthly Revenue | |
| 6:02 a.m. | First trade 20% above the previous close of $3.17 | |
| 6:14 a.m. | Pre-market high, $5.43 | |
| 6:14 a.m. | High of the day to the close, $5.43 | |
| 6:23 a.m. | Volume since 4:00 a.m. passes the whole float, 2.38 million shares | |
| 9:30 a.m. | The open: $3.89, up 22.7% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.05, 25.4% 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
- $3.17
- Open, 9:30 a.m.
- $3.89
- Gap at the open
- +22.7%
- Pre-market high
- $5.43 at 6:14 a.m.
- High, 4 a.m. to 4 p.m.
- $5.43 at 6:14 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.24
- Close, 4 p.m.
- $4.05
- Change at 4 p.m.
- +27.8%
- After-hours high, 4 p.m. to 8 p.m.
- $4.25 at 4:34 p.m.
- Volume, 4 a.m. to 4 p.m.
- 16.10 million
- Volume after hours, 4 p.m. to 8 p.m.
- 285,830
- Relative volume by 8 p.m.
- 2.7×
- Float
- 2.38 million shares, from filings as of October 1, 2026
- Shares outstanding
- 3.06 million
- From news to the move: the first trade 20% above the previous close came 2 minutes after the latest news item before it (Accesswire, 6:00 a.m.).
- Volume, from the one-minute bars: 11.44 million shares before the 9:30 a.m. open (70%), 1.66 million in the first 30 minutes (10%), and 3.28 million in the rest of the day to 8 p.m. (20%).
- Float rotation, the volume since 4 a.m. against the float of 2.38 million shares: past it once at 6:23 a.m., twice at 7:06 a.m., three times at 7:21 a.m.
- Other days MEDS met the small-cap rule in our recaps: 8, the latest on October 12, 2026.
On the day's lists: the pre-market gappers, 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 MEDS 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 MEDS on October 1, 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.