Earnings announcements give investors critical glimpses into company performance. An earnings beat or surprise loss relative to expectations can cause penny stock prices to surge or plummet. Beyond earnings, other company updates like FDA approvals, clinical trial results, deals, and management changes can also cause big penny stock moves in both directions.
This article looks at a handful of penny stocks with news. These recent developments have acted as catalysts and swayed sentiment in the stock market. Once you see the latest developments, you can decide if any are worth adding to your list of penny stocks to watch this month.
This post originally appeared on PennyStocks.com.