Hindsight Markets Recaps Small-cap stocks on October 7, 2026
NXAT, October 7: the $1.10 bid, two halts, and $1.15
NXAT opened near its previous close, then ran to $1.15 through two halts during the session.
What happened
Draft for review. Not published.
Old news, slow climb
This day ran on a day-old headline: a proposed $500M reverse merger. NXAT opened at $0.698, under the $0.746 close.
It hit $0.92 at 10:36, then fell to $0.74 two minutes later.
Stop It's 10:54. NXAT is at $0.88 after touching $0.90 the minute before. The last half hour has been up and down, and volume is picking up. 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.
Two halts
The push kept going. Halt #1 came at 10:54:56 at $1.02. During the pause, a 47K-share bid built at $1.10.
It reopened at $1.15, the high. Sellers ate the bid two seconds later, with 36K shares in under a second.
Halt #2 at 11:00:17 stopped it at $1.00. It reopened 14% lower at $0.86, then touched $0.79.
Stop It's 11:06. NXAT is at $0.906. It reopened from its second halt at $0.86 and made a low of $0.79 in that first minute. Would you buy this bounce?
Press play: the real Level 2, tape and chart run from 11:03 a.m. and stop at 11:06 a.m. ET for your call.
The fade
The bounce stalled at $0.97 by 11:07. The low was $0.632 at 2:34 p.m., and the session ended at $0.674.
What to take from it: The big $1.10 bid was not a floor; it broke in under a second.
Replay NXAT's day
It starts at 10:41 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:44 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 6.4% at $0.6984, then ran from the open to the high of $1.15 in 89 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:14 a.m. | Pre-market high, $0.84 | |
| 9:30 a.m. | The open: $0.6984, down 6.4% from the previous close | |
| 10:36 a.m. | First trade 20% above the previous close of $0.746 | |
| 10:59 a.m. | High of the day to the close, $1.15 | |
| 11:19 a.m. | Volume since 4:00 a.m. passes the whole float, 2.16 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.6741, 41.4% 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
- $0.746
- Open, 9:30 a.m.
- $0.6984
- Gap at the open
- −6.4%
- Pre-market high
- $0.84 at 9:14 a.m.
- High, 4 a.m. to 4 p.m.
- $1.15 at 10:59 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.6316
- Close, 4 p.m.
- $0.6741
- Change at 4 p.m.
- −9.6%
- After-hours high, 4 p.m. to 8 p.m.
- $0.693 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 3.58 million
- Volume after hours, 4 p.m. to 8 p.m.
- 64,037
- Relative volume by 8 p.m.
- 10.3×
- Float
- 2.16 million shares, from filings as of October 7, 2026
- Shares outstanding
- 3.24 million
- Volume, from the one-minute bars: 25,907 shares before the 9:30 a.m. open (1%), 21,745 in the first 30 minutes (1%), and 3.60 million in the rest of the day to 8 p.m. (99%).
- Float rotation, the volume since 4 a.m. against the float of 2.16 million shares: past it once at 11:19 a.m.
- Other days NXAT met the small-cap rule in our recaps: 1, 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 (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 |
|---|---|---|---|---|---|---|---|
| 10:54 a.m. | 10:59 a.m. | 5 min 0 s | up 25.5% | $1.15, up 12.7% | down 13.0% | LULD pause (limit up-limit down) | |
| 11:00 a.m. | 11:05 a.m. | 5 min 0 s | down 2.0% | $0.856, down 14.4% | up 3.6% | 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 NXAT on October 7, 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.