e Featured Penny Stock News Top Penny Stocks 2021

Trading Penny Stocks? Top Stock Market News for March 4th, 2022

What you need to know about trading penny stocks today

Sign up for our FREE Newsletter and get:

  • The Beginner’s Handbook For Trading Penny Stocks
  • Penny Stock Alerts And Ideas
  • Learn To Trade Penny Stocks
  • Free Access to The Fastest Growing Highest Rated Trading Chatroom

Buying Penny Stocks Today? Here’s What You Need to Know 

As another interesting day of trading penny stocks gets off, there is a lot for investors to consider. Right now, there are several factors impacting the trajectory of both penny stocks and blue chips. And, because the stock market continues to rear its volatile face, there is a lot that investors need to know. Considering that, let’s take a look at what you need to know about trading penny stocks today. 

What to Know About Trading Penny Stocks Today 

Right now, we are witnessing stocks drop amid news of a Russian attack on a Ukrainian nuclear plant. News recently dropped that Russia had seized one of the largest nuclear plants in Europe, causing the stock market as a whole to fall significantly. 

[Read More] Best Energy Penny Stocks To Buy For Under $5 Right Now

This is occurring despite positivity surrounding a better-than-expected jobs report that shows the labor market could be recovering right now. In addition, we saw the price of assets such as bonds and gold, climb, as investors continue to look for safer choices in the market. 

While there are plenty of penny stocks that are climbing despite this, there is still a sizable amount of volatility to consider. So, with that in mind, let’s take a look at three penny stocks that are gaining during premarket right now. 

3 Penny Stocks Gaining During Trading Right Now 

  2. Grab Holdings Ltd. (NASDAQ: GRAB
  3. Statera Biopharma Inc. (NASDAQ: STAB


One of the biggest gainers during morning trading is VEON stock. By early morning, shares of VEON had climbed by over 46%, which is no small feat. This is a sizable gain and reflects news that came out yesterday regarding the company. It stated that it has paid off over $400 million worth of debt that was due this month. 

And although the company is not in a tough financial position, this is a positive sign for investors to consider. One of the issues with VEON is that a large portion of its revenue comes from customers in both Russia and Ukraine. So, large sanctions could continue to have a major effect on the company. With this in mind, will VEON be on your penny stocks watchlist?

Grab Holdings Ltd. (NASDAQ: GRAB) 

Another major gainer during trading today is GRAB stock. By midday, shares of GRAB had climbed by over 13% to more than $3.72 per share. This comes only a day after GRAB stock shares plunged by almost 40%. So, it’s likely that today’s gain is a bullish reversal of that. But, why are shares of GRAB stock moving in the first place? 

[Read More] Can You Get Rich off Penny Stocks? The Pros and Cons

In its latest fourth quarter report, the company posted disappointing results. This included its revenue falling by 44% to $122 million. However, the company did see gross merchandise volume increase by 26%, which is a substantial metric. But, the revenue figure is still highly disappointing. With that in mind, will GRAB be on your list of penny stocks to watch?

Statera Biopharma Inc. (NASDAQ: STAB) 

During morning trading, shares of STAB stock climbed by over 13%. This is a sizable gain and comes after a six month drop of more than 80%. While trading for STAB stock has been mostly bearish during that time, we have begun to see a small bullish turnaround as of late. 

The main reason for its recent momentum comes as the company recently announced the submission of a pilot study protocol for STAT-205 for treating post-acute or long-haul Covid-19. The company states that this is a major milestone for it, and should help it to move quickly toward its goal of developing a Covid-19 drug. Whether this makes it worth buying or not is up to you. 

Which Penny Stocks Are You Buying Right Now?

Finding penny stocks to buy right now can be challenging. But, because there is so much going on in the stock market, it is much easier than previously imagined.

[Read More] Are These Penny Stocks on Your Buy List Right Now? 3 to Watch

Now, which penny stocks you will choose for your watchlist remains up to you, however, understanding what your tolerance for risk is and which penny stocks are worth it, is crucial. Considering that, which penny stocks are you buying right now?

If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!!

By J Dylan

J. Dylan is a Miami-based financial writer with years in the industry. He enjoys surfing in his free time and spending time with his dog. Josh grew up in California and has been covering different financial sectors for the past five years. His specialty is in penny stocks, tech, cannabis, and biotech.

Leave a Reply

Your email address will not be published. Required fields are marked *