According to the standard definition of penny stocks, we’re talking about shares of companies trading for $5 or less. Today we take this a step further and focus entirely on penny stocks under $1. They tend to be highly volatile and can shift direction in the stock market minute-by-minute.
As I’m sure you have figured out, the exciting part about these types of stocks is that small price movements equate to more meaningful percentage changes.
This article looks at a handful of low-priced stocks making a move early in the week.
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