Penny Stocks Archives - Page 10 of 1231

5 minute read

Canaan Gets Left Behind In Latest Crypto Bull Run

May 22, 2:58 PM

Key Takeaways: Canaan’s revenue fell 36% year-on-year in the first quarter even as the prices of bitcoin and other cryptocurrencies skyrocketed Demand for the company’s mining machines waned as a sharp drop in the amount of new bitcoin being created substantially curtailed the profitability of crypto mining

CAN

3 minute read

Cannabis Rescheduling Signals Strong Returns, Tax Breaks Could Increase This Stock’s Market Cap By 170%

By Nicolas Jose Rodriguez

May 22, 12:50 PM

According to a recent report by Pablo Zuanic of Zuanic & Associates, MariMed (OTC: MRMD) a multi-state cannabis operator (MSO) is positioned for significant stock gains.

MRMD

2 minute read

What’s Going On With Faraday Future Stock Today?

By Erica Kollmann

May 22, 11:59 AM

Faraday Future shares fell more than 20% Tuesday and continue to move lower as the retail rally appears to have lost steam. The company faces financial challenges and received a delisting notice from Nasdaq on April 24 after its share prices remained below 10 cents for ten consecutive days.

FFIE

2 minute read

Why Akoustis Technologies Stock Is Surging

By Erica Kollmann

May 22, 10:54 AM

Akoustis Technologies shares are trading higher Wednesday after the company reportedly floated the probability of bankruptcy after losing a lawsuit against Qorvo, Inc. and announced the final release to manufacturing of design updates across its product portfolio.

AKTS

3 minute read

Florida’s Marijuana Market Could Drive 139% Revenue Spike For Planet 13, Fourfold Market Cap Growth

By Nicolas Jose Rodriguez

May 22, 9:00 AM

Planet 13 Holdings (OTC: PLNH) has completed its acquisition of VidaCann, reporting $12.5 million in sales for the first quarter of 2024, a 56%

PLNH

2 minute read

Duos Technologies And 2 Other Stocks Under $3 Insiders Are Buying

By Avi Kapoor

May 22, 7:35 AM

The Dow Jones index closed higher by 0.2% on Tuesday. When insiders purchase or sell shares, it indicates…

BSPK

2 minute read

MGO Global Stock Soars On Q1 Results: Here’s Why

By Erica Kollmann

May 21, 12:44 PM

MGO Global reported total revenues climbed 1385% to $670,264 from $45,147 due primarily to the timing of the launch of the company's Stand Flagpole line of products, which did not occur until mid-March 2023. The company reported losses of 1 cent per share, compared to losses of 8 cents per share from the same quarter last year.

MGOL

2 minute read

Mangoceuticals Develops Oral GLP-1s: Stock Soars

By Erica Kollmann

May 21, 10:56 AM

Mangoceuticals announced the development of proprietary oral formulations of Semaglutide ("Slim") and Tirzepatide ("Trim") to aid in weight management and said it plans to have the products available for customers in the beginning of the 3rd quarter with ‘Slim' and ‘Trim' priced at $299/month and $399/month, respectively.

MGRX