A soda bottle is filled partway with water. A tack is poked into the side to create a hole. The cap is removed from the bottle.

The bottle is refilled to its original level, and the tack is used to plug up the hole. The cap is tightened, and the tack is again removed. Water comes out of the hole but quickly stops while there is still a large quantity of water above the tack hole. Explain why this occurs.