Hindsight Markets Recaps Small-cap stocks on October 16, 2026
FLYE, October 16: eight halts and $4.77
FLYE opened near its previous close, ran to $4.77 through eight halts, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $3.61, on 8K shares.
The open
It opened near its previous close, at $3.43. It ran to $4.77 by 11:50 a.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it eight times, from 11:54 a.m. to 1:38 p.m. The biggest jump was the reopen after 12:11 p.m.: 34% below the last trade before it.
The close
It closed at $2.65, 44% under its high.
What to take from it: The run did not hold: it finished below where it opened.
The details
How it traded, step by step
Intraday run and fade. It opened up 1.5% at $3.43, then ran from the open to the high of $4.77 in 140 minutes, and gave it all back: it traded at $2.65 at 4:00 p.m., below the open.
| Time (ET) | What happened |
|---|---|
| 4:19 a.m. | Pre-market high, $3.61 |
| 9:30 a.m. | The open: $3.43, up 1.5% from the previous close |
| 11:42 a.m. | First trade 20% above the previous close of $3.38 |
| 11:50 a.m. | High of the day to the close, $4.77 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.65, 44.3% 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
- $3.38
- Open, 9:30 a.m.
- $3.43
- Gap at the open
- +1.5%
- Pre-market high
- $3.61 at 4:19 a.m.
- High, 4 a.m. to 4 p.m.
- $4.77 at 11:50 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.68
- Close, 4 p.m.
- $2.65
- Change at 4 p.m.
- −21.4%
- After-hours high, 4 p.m. to 8 p.m.
- $2.68 at 4:01 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.10 million
- Volume after hours, 4 p.m. to 8 p.m.
- 30,358
- Relative volume by 8 p.m.
- 0.4×
- Float
- 1.56 million shares, from filings as of October 16, 2026
- Shares outstanding
- 1.63 million
- Volume, from the one-minute bars: 7,941 shares before the 9:30 a.m. open (1%), 9,798 in the first 30 minutes (1%), and 1.12 million in the rest of the day to 8 p.m. (98%).
- Other days FLYE met the small-cap rule in our recaps: 4, the latest on October 14, 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 (8)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 11:54 a.m. | 12:04 p.m. | 10 min 0 s | down 10.6% | $3.60, down 10.0% | LULD pause (limit up-limit down) | |
| 12:04 p.m. | 12:09 p.m. | 5 min 0 s | down 17.3% | $3.10, down 6.3% | down 14.5% | LULD pause (limit up-limit down) |
| 12:11 p.m. | 12:36 p.m. | 25 min 3 s | down 19.9% | $1.76, down 33.6% | LULD pause (limit up-limit down) | |
| 12:36 p.m. | 12:41 p.m. | 5 min 0 s | down 26.8% | $1.84, down 5.2% | up 9.8% | LULD pause (limit up-limit down) |
| 12:42 p.m. | 12:52 p.m. | 10 min 0 s | up 4.1% | $2.18, up 7.9% | LULD pause (limit up-limit down) | |
| 12:52 p.m. | 12:57 p.m. | 5 min 0 s | up 18.8% | $2.48, up 3.3% | LULD pause (limit up-limit down) | |
| 12:57 p.m. | 1:07 p.m. | 10 min 0 s | up 13.7% | $3.00, up 9.9% | down 9.3% | LULD pause (limit up-limit down) |
| 1:38 p.m. | 1:48 p.m. | 10 min 1 s | up 12.0% | $3.19, up 15.8% | down 11.9% | 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 FLYE on October 16, 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.