UNEXPLAINED MOVE · HALT · MOVER · FRI OCT 16 2026

PMI halted on Oct 16 2026 at $9.81

PMI-1.9%on Fri Oct 16 2026

Picard Medical, Inc. was down 1.9% on the day at $9.81, ranked #2 on 24.0× its usual five-minute volume, when TapeRank recorded this trading halt at 11:13 ET during regular hours when it was halted. TapeRank recorded 3 events for PMI that day, between 04:04 and 15:01 ET, and each is in the timeline below.

THE DAY ON THE LIST · 3 EVENTS

  1. 04:04 ET
    UNEXPLAINED MOVE · PRE-MARKET

    $12.04 · ▲ 20.4% ON THE DAY · 2.1× 5M RVOL · RANK #9

    UNEXPLAINEDNO FILINGS · RULE

    PMI is up 20.4% on the day on 2.1x 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 04:04 ET · <1 MIN AGO · RULE, NO MODEL
    THE ROW AND SESSION LEVELS AT 04:04 ET
    LAST12.04
    DAY▲ 20.4%
    5 MIN▼ 2.82%
    5M RVOL2.1×
    5M $VOL$28K
    FLOAT*2.3M
    RANK#9
    SESSIONPRE-MARKET
    VWAP12.45
    HOD12.40
    LOD11.97
    OR HIGH—
    OR LOW—
    PREV CLOSE10.00
    PM HIGH12.40
    PM LOW11.97
    GAP▲ 20.40% (indicated)

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

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

  2. 11:13 ET
    HALT · REGULAR

    HALTED AT $9.81 · ▼ 1.9% ON THE DAY · 24.0× 5M RVOL · RANK #2

    UNEXPLAINEDNO FILINGS · RULE

    PMI is down 4.8% on the day on 8.7x 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 11:12 ET · 1 MIN AGO · RULE, NO MODEL
    THE ROW AND SESSION LEVELS AT 11:13 ET
    LAST9.81
    DAY▼ 1.9%
    5 MIN▲ 14.20%
    5M RVOL24.0×
    5M $VOL$557K
    FLOAT*2.3M
    RANK#2
    SESSIONREGULAR
    VWAP10.89
    HOD13.49
    LOD8.38
    OR HIGH12.23
    OR LOW11.60
    PREV CLOSE10.00
    PM HIGH13.49
    PM LOW11.85
    GAP▲ 22.10%

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

  3. 15:01 ET
    MOVER · REGULAR

    $12.01 · ▲ 20.1% ON THE DAY · 45.5× 5M RVOL · RANK #1

    UNEXPLAINEDNO FILINGS · RULE

    PMI is up 16.9% on the day on 12.5x 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 15:01 ET · <1 MIN AGO · RULE, NO MODEL
    THE ROW AND SESSION LEVELS AT 15:01 ET
    LAST12.01
    DAY▲ 20.1%
    5 MIN▲ 13.62%
    5M RVOL45.5×
    5M $VOL$578K
    FLOAT*2.3M
    RANK#1
    SESSIONREGULAR
    VWAP10.56
    HOD13.49
    LOD8.38
    OR HIGH12.23
    OR LOW11.60
    PREV CLOSE10.00
    PM HIGH13.49
    PM LOW11.85
    GAP▲ 22.10%

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

THE SESSION

  • 09:30 ETOpened at $12.21, +22.1% on the previous close of $10.00
  • 11:03 ETRegular-session low, $8.38
  • 11:12 ETHalted (M); resumed 11:17 ET, after 5 minutes
  • 11:24 ETHalted (M); resumed 11:29 ET, after 5 minutes
  • 15:10 ETRegular-session high, $13.16
  • 15:59 ETLast trade of the regular session, $12.68, +26.8% on the previous close of $10.00
  • Volume: 1.4M shares in regular hours, 155K before the open

PMI began with a sharp, unexplained premarket move, opening at $12.21 versus the previous close of $10.00 before falling to $8.38 at 11:03 ET. TapeRank found no filings or headlines within 24 hours to explain the move; two five-minute halts followed at 11:12 ET and 11:24 ET, after which the stock recovered to a $13.16 high at 15:10 ET and ended the regular session at $12.68, up 26.8% from the previous close. A further halt was recorded after the regular session.

WRITTEN FRI OCT 16 2026 16:00 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

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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