3 Factors That Contribute to Penny Stock Price Changes
When it comes to finding penny stocks to buy, the amount that investors need to understand can seem overwhelming. But, with there right information by your side, making an educated decision about which penny stocks are worth it, can be much easier than previously imagined.
Now, one of the first questions that investors tend to have is what drives penny stock prices. And, the short answer is that there are three main factors; news and events, fundamentals, and more recently, social media popularity. If this seems too simple, that’s because it is quite simple. And in the past few years, we’ve seen a stark move away from trading off fundamentals with both penny stocks and blue chips.
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