Hindsight Markets Recaps Small-cap stocks on October 15, 2026
VBIO, October 15: an 8-K and $2.17
VBIO opened down 23% after an 8-K, then ran to $1.33 during the session.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 8:00 a.m. Before the bell it reached $2.17, on 4.8M shares.
The open
It opened down 23%, at $1.11. It ran to $1.33 by 10:50 a.m.
The close
It closed at $1.20, 45% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 23.4% at $1.11, then ran from the open to the high of $1.33 in 80 minutes.
| Time (ET) | What happened |
|---|---|
| 8:00 a.m. | News (Accesswire): Valion Bio's Next-Generation NMR Partnership with LarmorBio Delivers Initial Feasibility Milestone |
| 8:00 a.m. | SEC filing 8-K: CURRENT REPORT |
| 8:01 a.m. | First trade 20% above the previous close of $1.45 |
| 8:04 a.m. | Pre-market high, $2.17 |
| 8:04 a.m. | High of the day to the close, $2.17 |
| 8:05 a.m. | Volume since 4:00 a.m. passes the whole float, 1.28 million shares |
| 9:30 a.m. | The open: $1.11, down 23.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.20, 44.7% 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
- $1.45
- Open, 9:30 a.m.
- $1.11
- Gap at the open
- −23.4%
- Pre-market high
- $2.17 at 8:04 a.m.
- High, 4 a.m. to 4 p.m.
- $2.17 at 8:04 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.05
- Close, 4 p.m.
- $1.20
- Change at 4 p.m.
- −17.2%
- After-hours high, 4 p.m. to 8 p.m.
- $1.44 at 6:10 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.58 million
- Volume after hours, 4 p.m. to 8 p.m.
- 158,488
- Relative volume by 8 p.m.
- 4.0×
- Float
- 1.28 million shares, from filings as of October 15, 2026
- Shares outstanding
- 1.29 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (8-K, 8:00 a.m.).
- Volume, from the one-minute bars: 4.82 million shares before the 9:30 a.m. open (84%), 302,075 in the first 30 minutes (5%), and 611,531 in the rest of the day to 8 p.m. (11%).
- Float rotation, the volume since 4 a.m. against the float of 1.28 million shares: past it once at 8:05 a.m., twice at 8:08 a.m., three times at 8:12 a.m.
- Other days VBIO met the small-cap rule in our recaps: 5, the latest on October 26, 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 VBIO 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 VBIO on October 15, 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.