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

On October 2, 2025, Aspire Biopharma Holdings, Inc. (ASBP) recorded the largest gain among penny stocks, while Masonglory Limited (MSGY) saw the steepest decline.

Top Gainers
Aspire Biopharma Holdings, Inc. (ASBP) Aspire Biopharma Holdings, Inc. (ASBP), a pharmaceuticals company, surged 95.35%—ranking first among penny stocks—with an intraday high of $0.47 and closing at $0.42. Reports indicate the company announced pipeline milestones on October 1 targeting an H2 2025 FDA submission for sublingual aspirin and key 2026 developments for its drug delivery platform, driving investor momentum.

Dragonfly Energy Holdings Corp. (DFLI) Dragonfly Energy Holdings Corp. (DFLI), operating in electronic equipment, instruments, and components, surged 78.63% today to close at $1.07 with an intraday high of $1.13, ranking as the market's second-biggest penny stock gainer. Recent positive analyst sentiment and an upgrade to "Hold" status were significant factors, with reports indicating a Wall Street Zen upgrade near October 1 and additional hold calls citing strong OEM performance reported in the company's recent quarterly update.

Concorde International Group Ltd (CIGL) Concorde International Group Ltd (CIGL), operating in Commercial Services & Supplies, surged 75.10% today to close at $4.50 after hitting a $5.45 intraday high, ranking as the 3rd largest gainer among penny stocks. Market sources report the company's shares experienced significant uplift following the October 1st approval of its 2025 Equity Incentive Plan. Additional impetus came from its recently disclosed positive first-half revenue growth of approximately 11% and strategic international expansion plans.

Mawson Infrastructure Group Inc. (MIGI) Mawson Infrastructure Group Inc. (MIGI), operating in the Information Technology Services sector, surged 60.54% today, ranking as the 4th largest gainer among penny stocks. It reached an intraday high of $0.87 and closed at $0.84. Reports indicate Mawson recently shared a corporate update, emphasizing progress expanding its digital colocation services and evolving its strategic initiatives, within five days preceding October 2nd. Further observations suggest ongoing corporate activity around the stock.

Taysha Gene Therapies, Inc. (TSHA) Taysha Gene Therapies, Inc. (TSHA), a biotechnology company, surged 53.46% to close at $4.88 today, ranking as the fifth-largest gainer in penny stocks, after reaching an intraday high of $4.92. The rally followed an October 2 announcement that the FDA granted Breakthrough Therapy designation to its gene therapy TSHA-102 for Rett syndrome, alongside finalized alignment with regulators on accelerated clinical trial protocols.

Top Decliners
Masonglory Limited (MSGY) Masonglory Limited (MSGY), operating in the construction and engineering sector, saw its stock plummet 85.53% today, marking the steepest decline among penny stocks. Shares hit an intraday low of $2.60 before closing at $2.97. Reports indicate the company recently concluded its initial public offering, pricing shares at $4.00 with trading commencing on July 8, 2025. Additionally, the appointment of Ms. Xie Jinyu as a director was announced effective August 29, 2025, days before the sharp price drop.

Uni-Fuels Holdings Limited (UFG) Uni-Fuels Holdings Limited (UFG), operating in the Oil, Gas & Consumable Fuels sector, plummeted 71.23% today, ranking as the second-worst performer among penny stocks. It hit an intraday low of $1.12 before closing at $1.45. The steep decline coincides with reports indicating the potential expiry of post-IPO lockup periods on October 1st, which likely enabled large early investors and insiders to begin selling shares into the open market, overwhelming buying interest and triggering today's selloff.

Nvni Group Limited (NVNI) Nvni Group Limited (NVNI), operating in the Software industry, plummeted 52.74% today, ranking as the third-largest decline among penny stocks. Shares hit an intraday low of $0.31 before closing at $0.35. The company announced a 10-to-1 reverse stock split effective October 6, 2025, and reports indicate investors reacted negatively to the consolidation, exacerbating existing concerns around sustainable growth and Nasdaq compliance pressures.

Flexshopper, Inc. (FPAY) Flexshopper, Inc. (FPAY), operating in specialized retail, experienced a significant decline today, plummeting 48.23% to rank as the 4th worst performer among penny stocks. The stock reached an intraday low of $0.27 and closed at $0.29. Multiple directors resigned effective October 1, 2025, deepening a leadership crisis amid unresolved accounting investigations. Analysts say potential Nasdaq delisting now looms if critical financial filings are not submitted by the October 13 deadline.

Cheer Holding, Inc. (CHR) Cheer Holding, Inc. (CHR) in Interactive Media & Services plummeted 34.83% to close at $0.13 after hitting an intraday low of $0.12, ranking fifth among penny stock decliners. The drop followed the firm's October 1 announcement pricing an $8.5 million public offering of roughly 12.7 million units, stirring dilution worries among investors.