With another wild week of trading penny stocks and blue chips coming to an end, there is a lot for investors to keep track of right now.
With the NASDAQ Composite dropping by roughly 1%, it has now dropped by around 12% from its record high back in November.
Its first-quarter subscriber growth outlook was well below expectations, with only 2.5 million reported compared to an expected almost 6.3 million.
So, while all of this may sound disheartening, given the extraordinary times we’ve been living in, it makes sense that we would witness major market volatility like this.
The largest gainer of the day by far is BSFC stock, shooting up by over 220% by morning trading.
In addition, Diamond Equity Research issues an update, stating the ins and outs of this deal with Gault and the company moving forward as a whole.
Another big gainer of the day is Save Foods Inc., which managed to climb by over 34% in early morning trading.
And with an over 50% drop in its value in the past year, it’s clear that there are many fluctuations occurring with SVFD stock right now.
While RETO stock’s gain of around 3% in morning trading is not much compared to the other stocks on this list, RETO has climbed by almost 70% in the past five days.
If you’re looking for the best penny stocks to buy in 2022, there are hundreds of options to choose from.
Now, trading penny stocks right now is highly volatile considering the sheer number of events that are impacting the stock market.