These Robinhood penny stocks are on fire right now


As a result of high inflation, investors are increasingly looking for penny stocks. Investors are encouraged to invest in penny stocks since they are so easy to profit from.

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Robinhood makes investing in penny stocks more convenient. As penny stocks break out, retail momentum is particularly evident. Robinhood penny stock list is a good place to start.

Trading penny stocks on Robinhood has not been the most popular option. Even so, traders and investors are attracted to its easy-to-use interface. Using this article, we would like to pinpoint the Robinhood penny stock list for Robinhood platform users.

Ideanomics Inc. (NASDAQ: IDEX) went down by -4.07% in Tuesday’s trading session, a fall equivalent to -$0.05 from the previous market close price. The lowest point that the shares touched during the trading session were $1.15, while the peak of the day was recorded at a share price of $1.24. IDEX finished the previous session at $1.23 according to the data provided by Barchart, while the trading volume was observed to be 10.58 million.

Ideanomics Inc. (NASDAQ: IDEX) share prices have decreased by -13.87% over the past week, but are down -42.16% in the last quarter. Going further back, the stock’s price has tanked -59.45% over the last 6 months but is down -40.70% in year-to-date trading.

With over 6.59 million Genius Brands International Inc. (GNUS) shares trading Tuesday and a closing price of $1.10 on the day, the dollar volume was approximately 6.59 million. The shares have shown a negative weekly performance of -4.35% and its price on 12/28/21 lost nearly -5.17%. Currently, there are 300.32M common shares owned by the public and among those 285.15M shares have been available to trade.

In terms of its performance, GNUS is down -25.17% over the past year, and it is down -4.35% over the last week. The stock’s price index is -12.70% lower over one month and -21.99% lower over three months. It is showing a -40.22% return in the past six months.

The shares of Sundial Growers Inc. (SNDL) dipped by -4.81% during the trading session on Tuesday, reaching a low of $0.6097 while ending the day at $0.6447. During the trading session, a total of 75.82 million shares were traded which represents a 33.15% incline from the average session volume which is 113.43 million shares. SNDL had ended its last session trading at $0.61.

SNDL stock gained 3.23% during the last week and fall -6.60% over the last one-month period. Shares of this company’s stock fall -10.99% throughout the last quarter. Within the last six months, the stock has decreased -35.69%, with a full-year gain of 28.21%. At the time of writing, this stock’s year-to-date (YTD) price performance is now positive at 29.02%.


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