Why PMI rose 30.9% on Oct 13 2026: quorum amendment
PMI+30.9%on Tue Oct 13 2026
Picard Medical, Inc. was up 30.9% on the day at $14.84, ranked #2 on 27.1× its usual five-minute volume, when TapeRank recorded this spike at 13:34 ET during regular hours. TapeRank recorded 2 events for PMI that day, between 12:24 and 13:34 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 12:24 ETUNEXPLAINED MOVE · REGULAR
$13.11 · ▲ 15.6% ON THE DAY · 42.3× 5M RVOL · RANK #2
UNEXPLAINEDNO FILINGS · RULEPMI is up 11.5% on the day on 22.8x 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 12:21 ET · 2 MIN AGO · RULE, NO MODELTHE ROW AND SESSION LEVELS AT 12:24 ET
LAST13.11DAY▲ 15.6%5 MIN▲ 5.73%5M RVOL42.3×5M $VOL$680KFLOAT*2.3MRANK#2SESSIONREGULARVWAP11.65HOD12.99LOD10.36OR HIGH11.22OR LOW10.86PREV CLOSE11.34PM HIGH11.00PM LOW10.36GAP▼ 1.06%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
- 13:34 ETMOVER · REGULAR
$14.84 · ▲ 30.9% ON THE DAY · 27.1× 5M RVOL · RANK #2
STRETCHEDCONFIDENCE5/5PMI is up 32.1%, with a further 4.24% surge in five minutes, on unusually heavy volume. The only disclosed event is a routine bylaw amendment lowering the shareholder-meeting quorum, which does not economically justify a move of this magnitude.
WHYA 32.1% move and accelerated tape are far larger than the significance of a quorum reduction from 50% to 33⅓%.ANALYZED 13:59 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 13:34 ET
LAST14.84DAY▲ 30.9%5 MIN▲ 8.36%5M RVOL27.1×5M $VOL$644KFLOAT*2.3MRANK#2SESSIONREGULARVWAP12.63HOD14.79LOD10.36OR HIGH11.22OR LOW10.86PREV CLOSE11.34PM HIGH11.00PM LOW10.36GAP▼ 1.06%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $11.22, -1.1% on the previous close of $11.34
- 11:31 ETRegular-session low, $10.59
- 15:01 ETRegular-session high, $17.50
- 15:59 ETLast trade of the regular session, $15.33, +35.2% on the previous close of $11.34
- Volume: 1.1M shares in regular hours, 827 before the open
PMI opened at $11.22, slipped to an $10.59 low by 11:31 ET, then accelerated to $13.11 by 12:24 ET and $14.84 by 13:34 ET without any halts. TapeRank found no filings or headlines within 24 hours of the move and marked it unexplained; its later read noted a routine bylaw amendment lowering the shareholder-meeting quorum from 50% to 33⅓%, but said that did not economically justify the magnitude of the advance. The stock reached $17.50 at 15:01 ET before ending at $15.33, up 35.2% from the previous close.
WRITTEN THU OCT 15 2026 18:05 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
No SEC filings or wire news in the 24 hours before this was recorded. A move on news that never reached the wire shows nothing here, which is what UNEXPLAINED means.
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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