Why MX rose 26.2% on Sep 21 2026: strategic equity investment
MX+26.2%on Mon Sep 21 2026
Magnachip Semiconductor Corp. was up 26.2% on the day at $3.47, ranked #4 on 241× its usual five-minute volume, when TapeRank recorded this spike at 08:37 ET during the pre-market session. TapeRank recorded 2 events for MX that day, between 07:02 and 08:37 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 07:02 ETUNEXPLAINED MOVE · PRE-MARKET
$3.17 · ▲ 15.3% ON THE DAY · 747× 5M RVOL · RANK #14
UNEXPLAINEDNO FILINGS · RULEMX is up 11.3% on the day on 290x 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 07:01 ET · 1 MIN AGO · RULE, NO MODELTHE ROW AND SESSION LEVELS AT 07:02 ET
LAST3.17DAY▲ 15.3%5 MIN▲ 11.23%5M RVOL747×5M $VOL$417KFLOAT*36.5MRANK#14SESSIONPRE-MARKETVWAP3.07HOD3.30LOD2.80OR HIGH—OR LOW—PREV CLOSE2.75PM HIGH3.30PM LOW2.80GAP▲ 12.91% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
- 08:37 ETMOVER · PRE-MARKET
$3.47 · ▲ 26.2% ON THE DAY · 241× 5M RVOL · RANK #4
STRETCHEDCONFIDENCE5/5MX is up 29.1% pre-market after Navitas agreed to invest $5 million through a private purchase of 1,461,988 shares at $3.42. The strategic validation and funding are concrete, but the roughly 1.5 million new shares and modest investment do not proportionally support a move of this size.
WHYUp 29.1% on a $5 million strategic equity investment with 1.46 million shares issued, making the move materially larger than the disclosed news.ANALYZED 08:55 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 08:37 ET
LAST3.47DAY▲ 26.2%5 MIN▲ 5.47%5M RVOL241×5M $VOL$503KFLOAT*36.5MRANK#4SESSIONPRE-MARKETVWAP3.17HOD3.55LOD2.80OR HIGH—OR LOW—PREV CLOSE2.75PM HIGH3.55PM LOW2.80GAP▲ 28.36% (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 $3.47, +26.2% on the previous close of $2.75
- 09:30 ETRegular-session high, $3.49
- 09:44 ETRegular-session low, $3.09
- 15:59 ETLast trade of the regular session, $3.20, +16.4% on the previous close of $2.75
- Volume: 3.2M shares in regular hours, 1.2M before the open
MX opened at $3.47 after TapeRank first recorded an unexplained move at $3.17, then reached $3.49 before falling to the session low of $3.09 at 09:44 ET. It ended at $3.20, still 16.4% above the previous close, with no trading halts. TapeRank tied the move to Navitas’s agreed $5 million strategic equity investment through a private purchase of 1,461,988 shares at $3.42, while reading the advance as stretched because the disclosed investment and new shares did not proportionally support a move of that size.
WRITTEN THU OCT 15 2026 17:52 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
Open the full list