Hindsight Markets Recaps Small-cap stocks on November 4, 2026
CRIS, November 4: a pre-market spike to $2.03, three halts, and $1.14
CRIS opened up 89%, ran to $1.60 through three halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A pre-market run, then a lower high
CRIS opened its 4:00 a.m. session at $1.08, already above the $0.7139 previous close. By 4:45 a.m. more shares had traded than the 6.6M-share float. The big push came late: from $1.44 at 7:19 it jumped to $2.03, the high of the day, at 7:25 a.m.
About 48M shares traded before the bell.
Three halts in 21 minutes
After a $1.35 open, a 202K-share print at $1.47 came at the 9:39:08 reopen, with a 223K-share bid at $1.45 under the first halt. That bid was eaten, not pulled.
Stop It's 9:50. CRIS was halted at 9:45:01 with the last trade at $1.38, and it is about to reopen. It was $1.51 at 9:42. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:47 a.m. and stop at 9:50 a.m. ET for your call.
It reopened at $1.30, then fell to $1.15 and was halted again at 9:50:37. A 266K-share offer sat at $1.15 and was eaten at 9:55:44 after a reopen at $1.09.
The $1.30 wall
From 10:28 a.m. an offer wall at $1.30 grew to 119K shares by 1:10 p.m. At 1:21:37 p.m. buyers took 68K shares there in about nine seconds, and the wall was gone.
It closed at $1.14, 44% under the high. 70M shares changed hands over the whole day, 20M of them in the regular session.
What to take from it: CRIS closed the regular session 44% under its 7:25 a.m. high of $2.03.
Replay CRIS's day
It starts at 7:07 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:10 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 89.1% to $1.35 at the open, ran from the open to the high of $1.60 in 10 minutes through a halt, then gave back 186% of that move by 4:00 p.m., trading at $1.14, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.7139 | |
| 4:45 a.m. | Volume since 4:00 a.m. passes the whole float, 6.58 million shares | |
| 7:25 a.m. | Pre-market high, $2.03 | |
| 7:25 a.m. | High of the day to the close, $2.03 | |
| 9:30 a.m. | The open: $1.35, up 89.1% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.14, 44.1% 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
- $0.7139
- Open, 9:30 a.m.
- $1.35
- Gap at the open
- +89.1%
- Pre-market high
- $2.03 at 7:25 a.m.
- High, 4 a.m. to 4 p.m.
- $2.03 at 7:25 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.9326
- Close, 4 p.m.
- $1.14
- Change at 4 p.m.
- +59.0%
- After-hours high, 4 p.m. to 8 p.m.
- $1.19 at 4:06 p.m.
- Volume, 4 a.m. to 4 p.m.
- 68.37 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.86 million
- Relative volume by 8 p.m.
- 65.4×
- Float
- 6.58 million shares, from filings as of November 4, 2026
- Shares outstanding
- 6.68 million
- Volume, from the one-minute bars: 48.19 million shares before the 9:30 a.m. open (69%), 6.43 million in the first 30 minutes (9%), and 15.61 million in the rest of the day to 8 p.m. (22%).
- Float rotation, the volume since 4 a.m. against the float of 6.58 million shares: past it once at 4:45 a.m., twice at 5:58 a.m., three times at 7:22 a.m.
- Other days CRIS met the small-cap rule in our recaps: 2, the latest on November 3, 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 (3)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:34 a.m. | 9:39 a.m. | 5 min 0 s | up 7.4% | $1.48, up 2.1% | up 1.4% | LULD pause (limit up-limit down) | |
| 9:45 a.m. | 9:50 a.m. | 5 min 0 s | down 11.8% | $1.30, down 5.8% | LULD pause (limit up-limit down) | ||
| 9:50 a.m. | 9:55 a.m. | 5 min 0 s | down 16.7% | $1.09, down 5.2% | up 19.3% | 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 CRIS on November 4, 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.