A recent report by Goldman Sachs showed activity in shares priced at $1 or less hit a record on June 12 as a percentage of total U.S. market activity Trading in penny stocks has exploded over the past ...

Many investors still think penny stocks are shares trading for less than a dollar, but that definition is decades out of date. In the past, penny stocks were considered any stocks that traded for less ...

Trading in penny stocks has exploded over the past few years, driven in part by individual investors’ ever-expanding appetite for risky bets, as well as a few tantalizing wins. But amid the frenzied ...