Hindsight Markets Recaps Small-cap stocks on October 5, 2026
QTEX, October 5: a run to $1.68
QTEX opened up 17%, ran to $1.63, and held most of the move into the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $1.68, on 27M shares.
The open
It opened up 17%, at $1.29. It ran to $1.63 by 2:15 p.m.
The close
It closed at $1.58, 6% under its high.
What to take from it: A gap that holds above its open can keep going: this one held most of its move to the close.
The details
How it traded, step by step
Gap and go. It gapped up 17.3% to $1.29 at the open, ran from the open to the high of $1.63 in 285 minutes, and held most of the move into the close: it gave back 13% of it by 4:00 p.m.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $1.10 |
| 4:52 a.m. | Pre-market high, $1.68 |
| 4:52 a.m. | High of the day to the close, $1.68 |
| 9:30 a.m. | The open: $1.29, up 17.3% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.58, 6.0% 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
- $1.10
- Open, 9:30 a.m.
- $1.29
- Gap at the open
- +17.3%
- Pre-market high
- $1.68 at 4:52 a.m.
- High, 4 a.m. to 4 p.m.
- $1.68 at 4:52 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.17
- Close, 4 p.m.
- $1.58
- Change at 4 p.m.
- +43.6%
- After-hours high, 4 p.m. to 8 p.m.
- $2.18 at 7:09 p.m.
- Volume, 4 a.m. to 4 p.m.
- 42.88 million
- Volume after hours, 4 p.m. to 8 p.m.
- 10.13 million
- Relative volume by 8 p.m.
- 20.1×
- Float
- 61.07 million shares, from filings as of October 5, 2026
- Shares outstanding
- 70.97 million
- Volume, from the one-minute bars: 27.44 million shares before the 9:30 a.m. open (52%), 2.55 million in the first 30 minutes (5%), and 23.02 million in the rest of the day to 8 p.m. (43%).
- Other days QTEX met the small-cap rule in our recaps: 3, the latest on October 6, 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 (none)
The exchange's halt feed shows no halts for QTEX 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 QTEX on October 5, 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.