UNEXPLAINED MOVE · PRE-MARKET · CAPTURED 05:16 ET

NCPL down 29.0% on Sep 4 2026 with no filing that explains it

NCPL-29.0%on Fri Sep 4 2026

Netcapital Inc. Common Stock was down 29.0% on the day at $0.7318, ranked #1 on 43.8× its usual five-minute volume, when TapeRank recorded this unexplained move at 05:16 ET during the pre-market session.

WHAT THE ROW LOOKED LIKE

LAST0.7318
DAY▼ 29.0%
5 MIN▲ 9.29%
5M RVOL43.8×
5M $VOL$35K
FLOAT*7.8M
RANK#1
SESSIONPRE-MARKET

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

AI VERDICT

UNEXPLAINEDCONFIDENCE3/5

NCPL is down 31% pre-market on extremely thin volume relative to normal, with the only recent filing being a routine board resignation and replacement tied to an already-disclosed SEC civil action from August 10. There is no new financial, operational, or legal catalyst in the material provided that would explain a move of this magnitude.

WHYA director resignation and audit committee reshuffle referencing a three-week-old SEC lawsuit is a minor governance update, not something that plausibly drives a 31% intraday swing on a micro-float stock.
ANALYZED 05:16 ET · <1 MIN AGO · ANTHROPIC/CLAUDE-SONNET-5

FILINGS · 24H BEFORE THE MOVE

SESSION LEVELS AT CAPTURE

VWAP0.6623
HOD0.9624
LOD0.5800
OR HIGH
OR LOW
PREV CLOSE1.03
PM HIGH0.7292
PM LOW0.6319
GAP▼ 9.70%

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