Top 5 Penny Stocks to Watch for April 2024
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Best 5 Penny Stocks To Watch Right Now
Penny Stocks are on the move this April, and these Top 5 Nasdaq Penny Stocks should be on your watch-list.
Aerospace, Inc.
Stock Ticker symbol XTIA company name Aerospace Inc. This Nasdaq stock saw a lot of movement today with a lot of volume in the tune of 58 million shares traded. Up 1.44 at 70% increase in price per share. Although XTIA did not close at it's high of day, it sure held strong! Most importantly After Hours is reporting current PPS at $4.53 +29.43%!
About XTI Aerospace, Inc.
XTI Aerospace is the parent company of XTI Aircraft Company (XTIAircraft.com), an aviation business based near Denver , Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, speeds of 345 mph and a range of 700 miles, creating an entirely new category – the vertical lift crossover airplane (VLCA). The Company is guided by a leadership team with decades of business experience, deep aviation industry expertise, and a proven track record successfully bringing new aircraft to market, including participation on teams that played a role in taking over 40 aircraft through FAA certification. Additionally, the Inpixon business unit (inpixon.com) of XTI Aerospace is a leader in RTLS technology with customers around the world who use the Company's location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety.
Nexalin Technology Inc.
Nexalin Technology Inc. Stock Ticker NXL. This stock had a very impressive day going into close very strong. Today the stock opened at $1.83 hitting the high of $3.40 and low of $1.82 which was right at the open. After that the stock continued to steadily climb to close the day at $2.87 up over +%51! This stock has been on a rocket straight up since the end of March making April a good month to follow watching it!
About Nexalin Technology Inc.
Nexalin Technology Inc design and develop innovative neurostimulation products to uniquely and effectively help combat the ongoing global mental health epidemic.
MSP Recovery Inc.
Ticker Symbol LIFW MSP Recovery Inc. After a rocky start of the year and a steady fall since it's highs in December 2023 LIFW might be making a turn around. Palantir Technologies reports 6.5% in MSP Recovery and the stock began to make some moves. Opening the day at $0.8491 hitting the high of $0.9873 and low of $0.72 LIFW made a nice climb to the close at $0.91 up +36.43% to it's open.
About MSP Recovery Inc.
MSP Recovery Inc is a healthcare recoveries and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.
GSI Technology Inc.
GSI Technology Inc. Ticker GSIT. Ever since the end of March GSIT has really exploded to higher highs, and today was no different. GSIT opened today at $3.40 and hit the days low of 3.35 shortly after. Then by 11AM today 4-2-24 the stock was on a rise to the high of day at $5.19 which held for some time. After that there was a slight pullback closing at $4.62 up over +35% On News of GSI Technology Announces Production Release of Two Gemini-I® APU Servers! I will definitely be watching this stock in the coming days.
About GSI Technology Inc.
Founded in 1995 GSI Technology Inc. is a leading provider of semiconductor memory solutions. GSIs resources are currently focused on bringing new products to market that leverage existing core strengths including radiation-hardened memory products for extreme environments and Gemini the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale California and has sales offices in the Americas Europe and Asia.
Gamida Cell Ltd.
Gamida Cell Ltd. is traded under Stock Ticker GMDA. After a slow start to the open today of $0.0376 the stock dropped of some hitting the low of $0.035. Then around lunch time GMDA had a really nice spike in price per share hitting the days high of $0.0579 followed by a pull back with another slight climb to close the day out at $0.044 +17.96%. GMDA had a big drop off at the end of March. So, will this be the start of a recovery? We will see...
About Gamida Cell Ltd.
Gamida Cell Ltd is a biopharmaceutical company involved in developing advanced cell therapies with the potential to cure cancer and rare, serious hematologic diseases. The company's product includes NiCord that is a cell therapy based on NAM-expanded cord blood designed to enhance and expand the life-saving benefits of hematopoietic stem cell transplant. It is also developing GDA-201 which is innate immunotherapy of expanded natural killer cells, for the treatment of refractory non-Hodgkin lymphoma and multiple myeloma. It is developing a diverse pipeline of cell therapies using its proprietary NAM technology that has the potential to bring life-saving treatment options to patients.
In closing...
Every stock has their ups and downs making it really hard for many investors to find "The Winners". With a lot of research, and study you, can minimize your losses. It's up to you as the investor to make your own decisions before buying or selling any stock. Trade smart and I wish you all the success!
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