UNEXPLAINED MOVE · MOVER · WED OCT 21 2026

RCUS down 21.0% on Oct 21 2026 with no filing that explains it

RCUS-21.0%on Wed Oct 21 2026

Arcus Biosciences, Inc. was down 21.0% on the day at $18.76, ranked #6 on 23.9× its usual five-minute volume, when TapeRank recorded this drop at 16:23 ET during after hours. TapeRank recorded 2 events for RCUS that day, between 13:53 and 16:23 ET, and each is in the timeline below.

THE DAY ON THE LIST · 2 EVENTS

  1. 13:53 ET
    UNEXPLAINED MOVE · REGULAR

    $20.14 · ▼ 15.2% ON THE DAY · 12.2× 5M RVOL · RANK #11

    No verdict was committed for this event.

    THE ROW AND SESSION LEVELS AT 13:53 ET
    LAST20.14
    DAY▼ 15.2%
    5 MIN▼ 0.93%
    5M RVOL12.2×
    5M $VOL$1.4M
    FLOAT*127.3M
    RANK#11
    SESSIONREGULAR
    VWAP21.54
    HOD24.47
    LOD20.25
    OR HIGH24.47
    OR LOW23.72
    PREV CLOSE23.75
    PM HIGH24.10
    PM LOW23.55
    GAP▲ 3.03%

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

  2. 16:23 ET
    MOVER · AFTER-HOURS

    $18.76 · ▼ 21.0% ON THE DAY · 23.9× 5M RVOL · RANK #6

    UNEXPLAINEDCONFIDENCE5/5

    RCUS fell 21% on exceptionally heavy volume, but the supplied items contain no negative clinical, regulatory, or financial catalyst. The preliminary cash disclosure is not adverse on its face, while analyst target increases are positive, so the decline is being driven by order flow or information absent from the material.

    WHYA 21% selloff is far larger than a preliminary $694 million cash update and contradicts the accompanying bullish target revisions, leaving no disclosed catalyst of comparable magnitude.
    ANALYZED 16:23 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNA
    THE ROW AND SESSION LEVELS AT 16:23 ET
    LAST18.76
    DAY▼ 21.0%
    5 MIN▼ 1.32%
    5M RVOL23.9×
    5M $VOL$502K
    FLOAT*127.3M
    RANK#6
    SESSIONAFTER-HOURS
    VWAP20.28
    HOD24.47
    LOD18.70
    OR HIGH24.47
    OR LOW23.72
    PREV CLOSE23.75
    PM HIGH24.10
    PM LOW23.55
    GAP▲ 3.03%

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

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 $24.47, +3.0% on the previous close of $23.75
  • 09:30 ETRegular-session high, $24.47
  • 15:59 ETRegular-session low, $18.98
  • 15:59 ETLast trade of the regular session, $19.12, -19.5% on the previous close of $23.75
  • Volume: 4.0M shares in regular hours, 27K before the open

RCUS opened at $24.47, matching its session high, then fell to $20.14 by 13:53 ET in a move TapeRank marked unexplained and continued lower to a $18.98 low before ending regular trading at $19.12, down 19.5% from the previous close on 4.0 million shares. TapeRank’s read found no supplied catalyst for the decline: the news comprised buy ratings with raised price targets, while the preliminary cash disclosure was not adverse on its face; a later 16:23 ET reading marked the stock at $18.76, down 21.0%, still unexplained.

WRITTEN WED OCT 21 2026 20:00 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

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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