One of the quickest ways to find what’s behind a move in penny stocks is to look at the newsfeeds. While it shouldn’t be the only thing you look at, news can be the reason stocks move aggressively in the short term. Just look at any of the companies reporting earnings this month.
Things can change for the better (or worse) overnight, depending on what a company discusses in an update. Whether it’s the latest financial results or a new regulatory agency development, news plays a significant role even with small stocks. Today we look at a handful of penny stocks with news that has helped move share prices in the stock market.
This post originally appeared at PennyStocks.com.