With another day of trading penny stocks and blue chips here, understanding what’s going on in the stock market is crucial.
And while the last few trading days have been more bullish, the overall sentiment in the market right now is fear.
While this is not great news, we have seen stocks close higher for four days in a row following an exceptionally poor-performing January.
And, with Amazon reporting soon and Alphabet’s stellar results and 20 for 1 stock split announcement, there is a lot of volatility abound.
So, with all of this in mind, let’s take a look at three penny stocks that are climbing in premarket trading.
On February 3rd, the company stated that it will be acquired by Patient Square Capital, which is a leading health care investment firm.
While many large gains with penny stocks occur without news, BCDA made an exciting announcement during premarket.
And, it will be the first GM Speciality Vehicle Manufacturer, and it will electrify different existing truck platforms as well.
If you’re looking for penny stocks to buy right now, there are hundreds of options to choose from.