Hindsight Markets Recaps Small-cap stocks on October 22, 2026
UPC, October 22: a run to $4.75
UPC opened near its previous close, then ran to $4.75 during the session.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $4.17, on 103 shares.
The open
It opened near its previous close, at $3.86. It ran to $4.75 by 10:48 a.m.
The close
It closed at $4.38, 8% 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 3.0% at $3.86, then ran from the open to the high of $4.75 in 78 minutes.
| Time (ET) | What happened |
|---|---|
| 7:08 a.m. | Pre-market high, $4.17 |
| 9:30 a.m. | The open: $3.86, down 3.0% from the previous close |
| 10:48 a.m. | High of the day to the close, $4.75 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.38, 7.8% 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
- $3.98
- Open, 9:30 a.m.
- $3.86
- Gap at the open
- −3.0%
- Pre-market high
- $4.17 at 7:08 a.m.
- High, 4 a.m. to 4 p.m.
- $4.75 at 10:48 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.68
- Close, 4 p.m.
- $4.38
- Change at 4 p.m.
- +10.1%
- After-hours high, 4 p.m. to 8 p.m.
- $4.42 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 237,339
- Volume after hours, 4 p.m. to 8 p.m.
- 511
- Relative volume by 8 p.m.
- 5.7×
- Float
- 4.02 million shares, from filings as of October 22, 2026
- Shares outstanding
- 5.02 million
- Volume, from the one-minute bars: 103 shares before the 9:30 a.m. open (0%), 11,463 in the first 30 minutes (5%), and 226,284 in the rest of the day to 8 p.m. (95%).
- Other days UPC met the small-cap rule in our recaps: 3, the latest on September 2, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 UPC 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 UPC on October 22, 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.