Hindsight Markets Recaps Small-cap stocks on October 27, 2026
CLRO, October 27: one halt and a gap that faded
CLRO opened up 20%, then faded 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 $6.80, on 7.2M shares.
The open
It opened up 20%, at $5.95.
The halts
Trading stopped once, at 3:45 p.m.
The close
It closed at $5.08, 25% under its high.
What to take from it: A big gap is not a trend. This one traded below its open by the close.
The details
How it traded, step by step
Gap and fade. It gapped up 19.7% to $5.95 at the open and traded below the open by 4:00 p.m., at $5.08.
| Time (ET) | What happened |
|---|---|
| 7:27 a.m. | Volume since 4:00 a.m. passes the whole float, 1.03 million shares |
| 7:29 a.m. | First trade 20% above the previous close of $4.97 |
| 8:04 a.m. | Pre-market high, $6.80 |
| 8:04 a.m. | High of the day to the close, $6.80 |
| 9:30 a.m. | The open: $5.95, up 19.7% from the previous close |
| 3:45 p.m. | Last trade before the 4:00 p.m. close, $5.08, 25.3% 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
- $4.97
- Open, 9:30 a.m.
- $5.95
- Gap at the open
- +19.7%
- Pre-market high
- $6.80 at 8:04 a.m.
- High, 4 a.m. to 4 p.m.
- $6.80 at 8:04 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.42
- Close, 4 p.m.
- $5.08
- Change at 4 p.m.
- +2.2%
- After-hours high, 4 p.m. to 8 p.m.
- $5.13 at 4:53 p.m.
- Volume, 4 a.m. to 4 p.m.
- 11.29 million
- Volume after hours, 4 p.m. to 8 p.m.
- 539,515
- Relative volume by 8 p.m.
- 5.6×
- Float
- 1.03 million shares, from filings as of October 27, 2026
- Shares outstanding
- 2.68 million
- Volume, from the one-minute bars: 7.21 million shares before the 9:30 a.m. open (61%), 1.46 million in the first 30 minutes (12%), and 3.16 million in the rest of the day to 8 p.m. (27%).
- Float rotation, the volume since 4 a.m. against the float of 1.03 million shares: past it once at 7:27 a.m., twice at 7:40 a.m., three times at 7:55 a.m.
- Other days CLRO met the small-cap rule in our recaps: 9, the latest on November 2, 2026.
On the day's lists: the pre-market gappers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 3:45 p.m. | 4:00 p.m. | 14 min 28 s | down 12.1% | $4.99, down 1.8% | down 6.4% | 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 CLRO on October 27, 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.