UNEXPLAINED MOVE · MOVER · FRI SEP 4 2026

PSQL down 18.0% on Sep 4 2026 with no filing that explains it

PSQL-18.0%on Fri Sep 4 2026

Pasqal Holding SA Ordinary Share was down 18.0% on the day at $10.00, ranked #7 on 6.9× its usual five-minute volume, when TapeRank recorded this unexplained move at 06:36 ET during the pre-market session. TapeRank recorded 2 events for PSQL that day, between 06:36 and 09:58 ET, and each is in the timeline below.

THE DAY ON THE LIST · 2 EVENTS

  1. 06:36 ET
    UNEXPLAINED MOVE · PRE-MARKET

    $10.00 · ▼ 18.0% ON THE DAY · 6.9× 5M RVOL · RANK #7

    UNEXPLAINEDCONFIDENCE3/5

    PSQL is down 18% pre-market on elevated volume with no substantive news beyond a routine Form 4 ownership filing, which does not explain a move of this size. The decline appears driven by order flow rather than a disclosed catalyst.

    WHYAn 18% pre-market drop against a single insider ownership filing (Form 4) is a large move with essentially no corresponding informational content.
    ANALYZED 06:36 ET · <1 MIN AGO · ANTHROPIC/CLAUDE-SONNET-5
    THE ROW AND SESSION LEVELS AT 06:36 ET
    LAST10.00
    DAY▼ 18.0%
    5 MIN▼ 0.70%
    5M RVOL6.9×
    5M $VOL$29K
    FLOAT—
    RANK#7
    SESSIONPRE-MARKET
    VWAP10.30
    HOD12.49
    LOD9.56
    OR HIGH—
    OR LOW—
    PREV CLOSE12.19
    PM HIGH10.50
    PM LOW10.00
    GAP▲ 2.38%

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

  2. 09:58 ET
    MOVER · REGULAR

    $7.67 · ▼ 37.1% ON THE DAY · 4.1× 5M RVOL · RANK #6

    No verdict was committed for this event.

    THE ROW AND SESSION LEVELS AT 09:58 ET
    LAST7.67
    DAY▼ 37.1%
    5 MIN▼ 4.17%
    5M RVOL4.1×
    5M $VOL$868K
    FLOAT—
    RANK#6
    SESSIONREGULAR
    VWAP8.36
    HOD12.49
    LOD7.75
    OR HIGH9.69
    OR LOW8.30
    PREV CLOSE12.19
    PM HIGH10.50
    PM LOW9.62
    GAP▲ 2.38%

NO VERDICT MEANS THE MODEL HAD NOT REACHED THE NAME BEFORE THE EVENT WAS FINALIZED, OR ITS ANSWER HEDGED AND WAS WITHHELD. NOTHING WAS FILLED IN AFTERWARDS.

THE SESSION

  • 09:30 ETOpened at $9.61, -21.2% on the previous close of $12.19
  • 09:30 ETRegular-session high, $9.69
  • 10:56 ETRegular-session low, $7.42
  • 15:59 ETLast trade of the regular session, $7.95, -34.8% on the previous close of $12.19
  • Volume: 3.1M shares in regular hours, 50K before the open

PSQL opened at $9.61, already down 21.2% from the prior close, after TapeRank flagged an 18% pre-market decline at 06:36 ET as unexplained, noting only a routine Form 4 ownership filing that did not account for the size of the move. The stock continued lower through the morning, falling to a session low of $7.42 at 10:56 ET and ranking as the day's largest mover at -37.1% by 09:58 ET, still with no disclosed catalyst identified. Shares recovered somewhat into the close, finishing the regular session at $7.95, down 34.8% from the previous close, on volume of 3.1 million shares.

WRITTEN THU OCT 15 2026 17:41 ET BY ANTHROPIC/CLAUDE-SONNET-5 FROM THE FACTS ON THIS PAGE

FILINGS · 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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