Penny Stocks on the Move: Today’s Top Gainers and Biggest Decliners

On July 24, 2025, AEye, Inc. (LIDR) emerged as the top-performing penny stock with a staggering surge, while Ten-League International Holdings Limited (TLIH) recorded the most severe decline among penny stock companies during the trading session.

Top Gainers
AEye, Inc. (LIDR)
AEye, Inc. (LIDR), a Software company, recorded a dramatic 158.41% surge today, ranking first among penny stocks. The stock hit an intraday high of $4.74 before closing at $2.92. Reports indicate the surge stems from news of its flagship Apollo lidar system being integrated into NVIDIA's self-driving vehicle platform, announced July 24, driving significant market optimism. The company is also scheduled to announce Q2 2025 financial results on July 31.

Healthcare Triangle, Inc. (HCTI)
Healthcare Triangle, Inc. (HCTI), operating in the healthcare and life sciences software sector, surged 116% in today's penny stock trading, ranking second in gains. Shares reached an intraday high of $0.06 before closing at $0.05. Reports indicated exceptional retail investor activity drove massive volume on July 24th. Further fueling optimism, recent filings showed the company secured continued Nasdaq listing on July 7th by meeting compliance requirements.

Incannex Healthcare Inc. (IXHL)
IXHL surged 61.39% today, ranking as the third-largest gainer in the penny stock market. The pharmaceutical stock reached an intraday high of $1.66 before closing at $1.63. This jump relates to recent strategic actions: the company finalized an agreement this week to cancel 347.2 million potentially dilutive Series A Warrants, bolstering shareholder value. Furthermore, analysts highlight imminent Phase 2 clinical trial results for its sleep apnea drug IHL-42X, expected this month, as a key catalyst for investor optimism and today’s momentum.

Mercurity Fintech Holding Inc. (MFH)
Mercurity Fintech Holding Inc. (MFH), operating in the software industry, surged 53.12% today—ranking as the fourth-largest gainer among penny stocks. Shares reached an intraday high of $3.61 before closing at $3.07. Key drivers include the July 21 closing of a $43.7 million registered direct offering to fund strategic initiatives and a new $500 million "DeFi Basket" treasury aimed at accelerating blockchain adoption. Analysts also cite a recently announced $10 million stock buyback plan as reinforcing confidence in the company’s trajectory.

Sow Good Inc. (SOWG)
Sow Good Inc. (SOWG), operating in the Consumer Goods Distribution and Retail sector, saw its stock surge 50% today, ranking it fifth among penny stock performers. Shares reached an intraday high of $1.46 and closed at $1.32. Market participants attribute the sharp rise to strong positive reception this week at a major industry trade show where the company launched new caramel products. Reports indicate that expanded retail distribution visibility at the expo drove heightened investor optimism regarding near-term sales growth potential.

Top Decliners
Ten-League International Holdings Limited (TLIH)
Ten-League International Holdings Limited (TLIH), operating in machinery manufacturing, endured the steepest decline among penny stocks today, plummeting 75.61%. The stock reached an intraday low of $1.55 before closing at $1.61. Following its recent Nasdaq listing, closing its $5 million IPO on July 9th and pricing the offering on July 8th, reports indicate disappointing demand and post-offering weakness have pressured shares dramatically since trading commenced.

Defsec Technologies Inc. (DFSC)
Defsec Technologies Inc. (DFSC), operating in the software sector, saw its stock plummet 41.94% today, ranking as the second worst performer in the penny stock market. The shares touched an intraday low of $4.43 before closing at $4.50. The severe decline follows reports indicating the company priced a C$6.8 million offering of shares and warrants at C$8.955 on July 24, 2025, alongside a trading halt earlier that same day triggered by extreme volatility.

Garden Stage Limited (GSIW)
Garden Stage Limited (GSIW) plummeted 38.07% to $0.11, ranking third in today’s penny stock declines, after touching an intraday low of $0.10. The capital markets firm’s plunge coincides with today’s announcement of a $4.2 million share offering, which market observers warn risks substantial shareholder dilution given its $6.28 million market capitalization.

Wang & Lee Group, Inc. (WLGS)
WLGS stock plunged 34.09%, ranking as the fourth-largest decline among penny stocks today. The shares hit an intraday low of $0.08 before closing at $0.09. The company operates in the building products sector. Market turmoil follows recent reports indicating Nasdaq initiated delisting proceedings due to bid price non-compliance and public interest concerns stemming from a June convertible note issuance. Analysts highlight heightened regulatory risks surrounding the stock's listing status.

Sadot Group Inc. (SDOT)
SDOT shares plummeted 29.49% today to $1.10 (intraday low: $1.04), marking it as the 5th largest decliner in the penny stock market. The company operates within the Hotels, Restaurants & Leisure industry. Reports indicate SDOT priced a public offering of 2.5 million shares at $1.00 per share on July 23rd, intending to raise $2.5 million, alongside a prospectus filed that day detailing the use of funds for debt repayment and operations.