What is considered a high intaday trading volume for a penny stock
8/28/2024 05:57am
A high intraday trading volume for a penny stock typically indicates strong investor interest and can be a sign of market activity and potential for quick gains. However, it also increases the stock's volatility and risks. Penny stocks with intraday trading volumes exceeding 1 million shares are generally considered high-volume penny stocks, which could be indicative of significant market movements.