Cheap stocks are inherently volatile, but mixing in the broader stock market environment can quickly amplify the price movement. In the stock market today, there are plenty of things to weigh against your trading game plan, including the latest economic events and significant headlines.
When it comes to penny stocks, however, other catalysts at play can more greatly influence price movement than your typical stock market news headlines. Company-specific updates typically trump whatever else is going on with broad sector trends. Even when the stock market is crashing, you’re sure to find at least a handful of top penny stocks making new daily highs. One of the more prominent and apparent catalysts is news headlines.
This article looks at a few of today’s most active penny stocks to see what’s moving them. We’ll also look for any other potential milestones to look out for in the near term.
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