ALIT, November 4: news and $16.77

Gap, run and fade. It gapped up 38.3% to $14.00 at the open, ran from the open to the high of $16.77 in 12 minutes, then gave back 147% of that move by 4:00 p.m., trading at $12.70, below the open.

The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.

Previous close

$10.12

Open, 9:30 a.m.

$14.00

Gap at the open

+38.3%

Pre-market high

$13.66 at 9:29 a.m.

High, 4 a.m. to 4 p.m.

$16.77 at 9:42 a.m.

Low, 4 a.m. to 4 p.m.

$11.20

Close, 4 p.m.

$12.70

Change at 4 p.m.

+25.5%

After-hours high, 4 p.m. to 8 p.m.

$14.75 at 4:11 p.m.

Volume, 4 a.m. to 4 p.m.

2.39 million

Volume after hours, 4 p.m. to 8 p.m.

96,613

Relative volume by 8 p.m.

7.9×

Float

25.30 million shares, from filings as of November 4, 2026

Shares outstanding

26.71 million

• From news to the move: the first trade 20% above the previous close came 12 hours 33 minutes after the latest news item before it (Seeking Alpha, Nov 3, 6:56 p.m.).
• Volume, from the one-minute bars: 93,864 shares before the 9:30 a.m. open (4%), 1.16 million in the first 30 minutes (47%), and 1.23 million in the rest of the day to 8 p.m. (50%).
• In our recaps, this is the only day ALIT met the small-cap rule.

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).

The exchange's halt feed shows no halts for ALIT that day.

Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).