Penny stocks are well-known for their quick gain potential. Not only do cheap prices lend themselves to swift percentage gains, but these low-priced stocks generally represent shares of smaller companies. In many cases, there are fewer total shares outstanding, fewer shares available in public hands (the float), and they can also be less liquid. As a result, instances of unusually higher activity levels can open the door for both big moves in dollar value and significant moves in percentage change.
As traders or investors, the first step is determining if this unusual activity is worth taking a risk on. Why are certain penny stocks moving the way they are, and should you jump into the action? Today we look more closely at one of the premarket movers in the stock market today: Hillstream BioPharma (NASDAQ: HILS).
Why Hillstream BioPharma Is Moving Today
The post Penny Stocks To Watch: Why Hillstream BioPharma (HILS) Is Moving Today appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.