Hindsight Markets Recaps Small-cap stocks on October 23, 2026
BOLT, October 23: an acquisition headline, a gap to $6.98, and $7.75
BOLT opened up 71% after news, ran to $7.75 through two halts, then fell below its open by the close.
News via Stock News API
What happened
Draft for review. Not published.
News, a halt, and a gap
An acquisition and $120 million private placement headline came at 9:08 a.m. The stock had been halted since 8:40 and reopened at 9:55 at $6.98, 71% above the $4.08 previous close. Its float is 1.3M shares.
The $7.22 wall
After a volatility halt at 9:57:09, it sat frozen at $7.22. Before it reopened, an ask wall of about 33K shares had built at that price.
Stop It's 10:02. BOLT is halted, and the last trade before the halt was $7.22. It reopened at $6.98 earlier, and an ask wall that peaked near 33K shares has been offered at $7.22. The halt is due to end in seconds. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:59 a.m. and stop at 10:02 a.m. ET for your call.
It reopened at 10:02:09 at $7.25. The wall was pulled at 10:02:10, and 38,697 shares printed at the reopen.
It hit $7.75, the high of the day, in that minute and traded as low as $6.73 in the next minute.
A fade with bounces
By 10:10 it was at $5.99, down 23% from the high. Pushes to $7.44 at 10:34 and $7.64 at 11:22 came in under $7.75.
It closed at $6.25. The regular session traded 5.7M shares, about 4.6 times the float.
What to take from it: The high came on the reopen. $7.75 printed in the minute the halt ended, and every later push stopped lower.
Replay BOLT's day
It starts at 10:07 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:10 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
Gap, run and fade. It gapped up 71.1% to $6.98 at the open, ran from the open to the high of $7.75 in 32 minutes through a halt, then gave back 195% of that move by 4:00 p.m., trading at $6.25, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:08 a.m. | News (GlobeNewsWire): Bolt Biotherapeutics Announces Acquisition of Prana Therapies and $120 Million Concurrent Private Placement to Advance PRA-216 in Multiple High-Value Inflammatory Indications | |
| 9:55 a.m. | First trade 20% above the previous close of $4.08 | |
| 9:55 a.m. | The open: $6.98, up 71.1% from the previous close | |
| 10:02 a.m. | High of the day to the close, $7.75 | |
| 10:18 a.m. | Volume since 4:00 a.m. passes the whole float, 1.26 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.25, 19.4% 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
- $4.08
- Open, 9:30 a.m.
- $6.98
- Gap at the open
- +71.1%
- Pre-market high
- not available
- High, 4 a.m. to 4 p.m.
- $7.75 at 10:02 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.99
- Close, 4 p.m.
- $6.25
- Change at 4 p.m.
- +53.2%
- After-hours high, 4 p.m. to 8 p.m.
- $6.86 at 7:39 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.73 million
- Volume after hours, 4 p.m. to 8 p.m.
- 127,049
- Relative volume by 8 p.m.
- n/m
- Float
- 1.26 million shares, from filings as of October 23, 2026
- Shares outstanding
- 1.93 million
- From news to the move: the first trade 20% above the previous close came 47 minutes after the latest news item before it (GlobeNewsWire, 9:08 a.m.).
- Volume, from the one-minute bars: 0 shares before the 9:30 a.m. open (0%), 274,211 in the first 30 minutes (5%), and 5.59 million in the rest of the day to 8 p.m. (95%).
- Float rotation, the volume since 4 a.m. against the float of 1.26 million shares: past it once at 10:18 a.m., twice at 10:51 a.m., three times at 11:31 a.m.
- In our recaps, this is the only day BOLT met the small-cap rule.
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 (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 |
|---|---|---|---|---|---|---|---|
| 8:40 a.m. | 9:55 a.m. | 75 min 1 s | $6.98 | up 3.4% | News pending | ||
| 9:57 a.m. | 10:02 a.m. | 5 min 0 s | $7.25, up 0.4% | down 5.1% | 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 BOLT on October 23, 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.