Penny_Stocks_Today

Penny_Stocks_Today

In April 2023, Bitcoin price exceeded $30 thousand for the first time since mid-2022, fulfilling crypto investors’ dreams of spring. The end of Crypto winter has left Bitcoin as a mere shell of what it once was, that said, spring is when young buds blossom into mighty trees. One such bud is CleanSpark, Inc. (NASDAQ: CLSK), which is a BTC miner that is expanding...

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Due to a constant stream of flops, movie theaters have experienced a significant hit. With this in mind, it comes as no surprise that AMC Entertainment Holdings, Inc. (NYSE: AMC) fell more than 50% since March. However, there could be a glimmer of hope with the much anticipated releases of Oppenheimer and Barbie approaching this month. With AMC stock highly...

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The EV market has been hot since Tesla, Inc. (NASDAQ: TSLA) announced record Q2 deliveries last week. Following Tesla’s announcement, other EV manufacturers like Rivian Automotive, Inc. (NASDAQ: RIVN) and Polestar Automotive Holding UK PLC (NASDAQ: PSNY) joined the party by also reporting extremely positive delivery numbers. While RIVN stock jumped by as much as...

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On its current trajectory, Omeros Corporation (NASDAQ: OMER) might be heading into a short squeeze thanks to its high short data. With this in mind, a short squeeze requires a catalyst to help the stock run and OMER stock has no shortage of upcoming catalysts. As we are in the second half of 2023, OMER intends to release trial data regarding 2 treatments this half...

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Normally, bankruptcy is bad for stocks since it signals the end of the company’s operations, however, bankruptcy plays have been extremely popular lately with several stocks of companies declaring bankruptcy making impressive runs. One such company that may see a run in the near term is plant-based food producer Tattooed Chef, Inc (NASDAQ: TTCF) which is down...

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Coming out of its best quarter yet, SoFi Technologies, Inc. (NASDAQ: SOFI) appears to be set for another solid quarter in Q2 after the fintech quadrupled its market share of new account openings in the first half of the year. With SOFI planning to release its Q2 earnings earlier on July 31, SOFI stock could be set to continue running as the company could share...

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Despite effecting a reverse split to regain compliance with the NASDAQ listing requirements, Mullen Automotive, Inc. (NASDAQ: MULN) finds itself in a similar position with the stock trading near its all-time low. While the company has been sharing positive news recently, MULN stock is down nearly 98% YTD and the reason for this drop could be naked short selling...

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With eyes currently pointing towards the EV charging market in the US, Blink Charging Co. (NASDAQ: BLNK) has announced that it will be adding Tesla’s (NASDAQ: TSLA) North American Charging Standard (NACS) capabilities to its entire product line. This move comes at a perfect time for BLNK to capitalize on the growing wave of EV manufacturers adopting TSLA’s NACS to...

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Not all SPAC plays are created equal. A possible example of this is Abacus Life, Inc. (NASDAQ: ABL) which completed its business combination with East Resources Acquisition Company (NASDAQ: ERES) on June 3. As things stand, ERES’ is set to commence trading with its new ticker – ABL – on June 5, and given the bullish sentiment surrounding the deal, ABL stock could...

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With the macroeconomic stability the US has been witnessing lately, more investors have been returning to the stock market and crypto trading. One of the companies benefitting from this return is leading trading platform Robinhood Markets, Inc. (NASDAQ: HOOD) which is up nearly 32% YTD. With this in mind, HOOD could have more room to grow this year as the...

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One of the most promising aviation companies out there intends to drastically commercialize air taxis. As things stand, Joby Aviation, Inc. (NYSE: JOBY) is set to start commercial passenger operations in 2025, which is significant since its JAS 4-1 eVTOL air taxi could become the first FAA-approved electric vertical takeoff and landing (eVTOL) aircraft for...

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While Rivian Automotive, Inc. (NASDAQ: RIVN) is currently seeing good Q2 performance after exceeding its estimated Q2 deliveries and signing an agreement with Tesla (NASDAQ: TSLA) to use its charging network. However, RIVN stock may be currently overvalued compared to other EV stocks following its 17% run after Tesla (NASDAQ: TSLA) started a rally in the EV market...

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Can AI process sound like humans? According to SoundHound AI, Inc. (NASDAQ: SOUN), its AI platform can. SOUN’s voice AI platform processes speech in a way that is closer to cognitive auditory processing than AI transitional processing which gives it an indispensable market edge in the voice AI industry. That said, SOUN stock is set to be included in the Russell...

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With the expected launch of the Federal Reserve’s FedNow program in July, AppTech Payments Corp. (NASDAQ: APCX) stands in a prime position to capitalize on the anticipated launch due to the increased competition in that space. With 18 patents in SMS-to-pay services, APCX has the potential to secure a lot of deals from the instant payment market as more players in...

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Plagued with production issues and declining demand, Lucid Group, Inc. (NASDAQ: LCID) is attempting to turn around its business to compete in the EV space with the assistance of its majority shareholder – the PIF. With the stock trading at an all-time low, the PIF might have helped boost the LCID stock price as it could be the reason for LCID’s recent deal with...

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No stranger to parabolic runs, Ocean Biomedical, Inc. (NASDAQ: OCEA) stock could be poised for another one this week as the stock is set to be officially included in the Russell 2000 Index on June 26. Such a run could occur due to institutions benchmarked to the Russell 2000 automatically buying shares of OCEA. For this reason, OCEA could be one of the undervalued...

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Bitcoin might very well be on the precipice of substantial change after the SEC approved the first-ever leveraged Bitcoin futures ETF on June 23. One of the companies that stand to benefit the most from this approval is Marathon Digital Holdings, Inc. (NASDAQ: MARA) since its stock trades in tandem with Bitcoin. On that note, Bitcoin has been trading well past the...

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Stocks often run after dilution due to opportunistic investors taking advantage of a stock’s low PPS. A possible instance of this phenomenon is Innovative Eyewear, Inc. (NASDAQ: LUCY) which is currently in the midst of an offering that caused the stock to plummet 38%. Given that LUCY stock is currently trading below the offering price, the stock could be on track...