UNEXPLAINED MOVE · MOVER · TUE OCT 27 2026

Why MFIC rose 20.2% on Oct 27 2026: acquisition announcement

MFIC+20.2%on Tue Oct 27 2026

MidCap Financial Investment Corporation Common Stock was up 20.2% on the day at $10.05, ranked #3 on 1135× its usual five-minute volume, when TapeRank recorded this spike at 06:00 ET during the pre-market session. TapeRank recorded 2 events for MFIC that day, between 05:56 and 06:00 ET, and each is in the timeline below.

THE DAY ON THE LIST · 2 EVENTS

  1. 05:56 ET
    UNEXPLAINED MOVE · PRE-MARKET

    $9.79 · ▲ 17.1% ON THE DAY · 1024× 5M RVOL · RANK #1

    UNEXPLAINEDNO FILINGS · RULE

    MFIC is up 13.6% on the day on 332x its normal volume for this time of day. No filings or headlines were found in SEC EDGAR filings and Benzinga wire headlines in the last 24 hours, so this is order flow rather than a disclosed catalyst.

    WHYNo filings or headlines within 24 hours of the move.
    ANALYZED 05:54 ET · 1 MIN AGO · RULE, NO MODEL
    THE ROW AND SESSION LEVELS AT 05:56 ET
    LAST9.79
    DAY▲ 17.1%
    5 MIN▲ 8.06%
    5M RVOL1024×
    5M $VOL$531K
    FLOAT*82.4M
    RANK#1
    SESSIONPRE-MARKET
    VWAP9.24
    HOD9.79
    LOD8.40
    OR HIGH—
    OR LOW—
    PREV CLOSE8.36
    PM HIGH9.79
    PM LOW8.40
    GAP▲ 17.11% (indicated)

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

    — MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO

  2. 06:00 ET
    MOVER · PRE-MARKET

    $10.05 · ▲ 20.2% ON THE DAY · 1135× 5M RVOL · RANK #3

    JUSTIFIEDCONFIDENCE4/5

    MFIC is up 13.6% pre-market on news that an Ares private-credit fund will acquire it from Apollo. The reported merger creates a clear corporate-action catalyst and the move is broadly consistent with acquisition speculation, although the provided report gives no transaction terms.

    WHYA 13.6% move is substantial, but a reported acquisition is a material catalyst of comparable scale even without disclosed terms.
    ANALYZED 05:59 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNA
    THE ROW AND SESSION LEVELS AT 06:00 ET
    LAST10.05
    DAY▲ 20.2%
    5 MIN▲ 5.79%
    5M RVOL1135×
    5M $VOL$605K
    FLOAT*82.4M
    RANK#3
    SESSIONPRE-MARKET
    VWAP9.27
    HOD9.79
    LOD8.40
    OR HIGH—
    OR LOW—
    PREV CLOSE8.36
    PM HIGH9.79
    PM LOW8.40
    GAP▲ 14.83% (indicated)

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

    — MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO

THE SESSION

  • 09:30 ETOpened at $10.20, +22.0% on the previous close of $8.36
  • 09:30 ETRegular-session low, $10.20
  • 13:17 ETRegular-session high, $10.40
  • 15:59 ETLast trade of the regular session, $10.27, +22.9% on the previous close of $8.36
  • Volume: 7.0M shares in regular hours, 776K before the open

MFIC opened at $10.20 after rising to $10.05 in premarket trading, with TapeRank initially finding the move unexplained before tying it to a reported acquisition announcement. The news said an Ares private-credit fund would buy MidCap Financial from Apollo, a merger expected to lift Ares Capital Corp. above $31 billion; TapeRank judged that catalyst justified the move. The stock reached $10.40 at 13:17 ET and finished the regular session at $10.27, up 22.9% from the previous close, with no halts.

WRITTEN TUE OCT 27 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

On the tape right now

WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY

01
ECGSURGING 0:05
79.71
▼ 29.3%
▼ 1.41%
41.0×
FAD
$6.2M
51.1M*
STRETCHED
02
CAVASURGING 0:00
64.78
▲ 7.4%
▲ 1.30%
9.3×
ORBHODVWH
$11.6M
116.8M*
UNEXPLAINED
03
URGNSURGING 0:00
29.16
▼ 15.2%
▼ 1.29%
15.6×
FAD
$1.4M
48.9M*
JUSTIFIED
04
MPTISURGING 0:00
64.15
▼ 1.5%
▲ 0.96%
23.8×
VWH
$637K
4.3M*
UNEXPLAINED
05
LSPDSURGING 0:00
11.52
▲ 4.9%
▼ 1.24%
16.5×
ORB
$426K
133.3M*
UNEXPLAINED
06
CRCTSURGING 0:00
8.90
▲ 49.2%
▼ 0.72%
15.1×
GAPORBVWHEXT
$395K
54.7M*
STRETCHED
07
BROSSURGING 0:00
43.97
▲ 0.9%
▼ 0.91%
4.0×
FAD
$4.3M
137.9M*
UNEXPLAINED
08
LMRICOOLING 1:35
12.85
▲ 14.5%
▲ 1.06%
132×
ORBHODVWH
$1.7M
—
UNEXPLAINED
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