One of the first catalysts to look for when trading penny stocks is news. Company headlines are some of the most prominent and easily accessible pieces of information. In most cases, sporadic moves in the market can be associated with significant updates from companies. Think of it as the first line of communication between management and the retail trading public.
Today we look at a few penny stocks with news that have experienced explosive moves during premarket hours on Friday. The biggest question now is will these updates be enough to fuel a move beyond today.
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