What to Know About Buying Penny Stocks Today 

With so much going on in the stock market right now, there is a lot for investors to know about trading penny stocks. To understand how to make money with penny stocks, investors need to have a thorough consideration of what is going on in the stock market.

[Read More] Hot Penny Stocks For Traders to Watch in May 2022

Because there is such a high degree of volatility, this is a crucial step to profiting with small caps. With that in mind, let’s take a look at what you need to know about trading penny stocks today. 

Here’s What You Need to Know About Trading Penny Stocks Today 

During premarket trading, we saw U.S. stock futures fall with tech stocks leading to the drop. This comes as shares of big-name tech stocks like Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) dropped during premarket trading. While other stocks like Takung Art Co. Ltd. (NYSE: TKAT) and Nokia Oyj (NYSE: NOK) made gains, there’s no doubting that we’re in for another volatile day of trading. With that in mind, let’s take a look at three penny stocks that are climbing during morning trading. 

3 Penny Stocks Climbing During Morning Trading

  1. Finch Therapeutics Group Inc. (NASDAQ: FNCH
  2. Fangdd Network Group Ltd. (NASDAQ: DUO)
  3. DiDi Global Inc. (NYSE: DIDI

Finch Therapeutics Group Inc. (NASDAQ: FNCH) 

One of the largest premarket gainers on April 29th is FNCH stock. During morning trading shares of FNCH shot up by over 67% to more than $3.52. While many penny stocks climb without news, Finch Therapeutics announced the removal of an FDA clinical hold on its IND for CP101. 

[Read More] Best Penny Stocks to Buy Under $1? 3 to Watch as April Ends

Now, the company can continue researching this drug, which is used in recurrent C. Difficile infection. Recently, we have seen a sizable amount of bullish attention with biotech penny stocks. And with this big news today, it’s clear why shares of FNCH stock are climbing right now. With that in mind, will it be on your penny stocks watchlist or not?

Penny_Stocks_to_Watch_Finch

Fangdd Network Group Ltd. (NASDAQ: DUO) 

Another major gainer of the day on April 29th is Fangdd Network Group. We’ve covered DUO stock numerous times in the past year, however, it’s 55% premarket gain is worth looking into. Before we go any further, it’s worth noting that DUO stock is highly volatile. 

This means that investors should be sure of their trading strategy before investing. While there is no news for DUO stock that is causing this gain, it is the third day in a row that the company has seen a large uptick. And because of that, today’s move could be considered purely speculative. With that considered, will DUO be on your list of penny stocks to buy?

Penny_Stocks_to_Watch_Fangdd

DiDi Global Inc. (NYSE: DIDI) 

Similarly to DUO stock, we have covered DIDI plenty of times in the past few months. This is due to its large market momentum and constant notoriety. During morning trading, shares of DUO stock shot up by over 17%. This is a sizable amount and comes alongside some larger market news in China. 

[Read More] 10 Top Penny Stocks Cathie Wood ARK Invest Owns, Time To Buy?

On Friday morning, news came out stating that Chinese regulators may ease their recent crackdown on tech companies. This caused major momentum during morning trading today for Chinese stocks, and could continue to do so moving forward. Large regulation by China has been a major cause for bearish momentum with Chinese stocks in the past few months, so there’s no doubting that this is good news. 

Penny_Stocks_to_Watch_DiDi

Which Penny Stocks Are You Watching Right Now?

Finding penny stocks that are worth buying in 2022 can be complicated. But, with the right research on hand and a commitment to understanding how the stock market works, it can be much easier than previously imagined. Considering that there is a lot to take advantage of with penny stocks right now, which companies are on your watchlist?

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!!


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
Privacy Policy

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com


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
Privacy Policy

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com

Leave a Reply

Your email address will not be published.

You May Also Like

Alpha Esports Announces Expansion into Brazil; Signs Launch Partnership with Mais Esports, Brazil’s Largest Esports Media Company

Partnership will leverage GamerzArena Platform for Esports Tournaments & Co-marketing Campaigns VANCOUVER,…