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4 Crypto Penny Stocks to Watch Right Now
Penny stocks are volatile. For as many highs that we see, there are twice as many lows. Picking the right penny stocks from the thousands on offer is the challenge. Successful investment decisions can still occur with proper research and taking relevant trends seen in the market into consideration.Â
However, when considering penny stocks to buy, some trends can also be misleading. This can result in buying in at overvalued price per share and ending in even greater losses.Â
Many instead consider investing during dip periods. This typically occurs when a stock price drops to a previous low or resistance value where the stock becomes undervalued. Another method investors are using during price downturns is averaging down.Â
Updated 8:10 p.m.
GREENSBORO â The U.S. Department of Health and Human Services is considering using the site of the former American Hebrew Academy as a relocation center for unaccompanied immigrant children as they await reunion with family members in the U.S.
Melvin Skip Alston, chairman of the Guilford County Board of Commissioners, said Thursday that HHS officials came to Greensboro Tuesday to inspect the dormitory and classroom buildings at the academy campus to consider whether it would be suitable.
Alston said he is not sure when the government will make a decision, but such a center would have a big impact on Greensboro.
Shares of Beijing-based online used car dealer
Uxin Ltd (NASDAQ:UXIN) surged after the company reported earnings for its fiscal third quarter of 2021 Wednesday morning, rising 29% through 10:35 a.m. EDT.
Most of Wall Street is busy reporting first-quarter 2021 earnings right now, but Uxin is reporting its earnings for its fiscal third quarter of 2021. Moreover, most U.S. companies are currently reporting financial results for the three months ended March 31. Uxin s fiscal third quarter, though, refers to the three months ended Dec. 31, 2020
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So what
Now that we re all on the same page, what did Uxin say that drove its share price so high today? Well, the story actually doesn t start out all that well, with Uxin selling a lot fewer cars in fiscal Q3 2021 than it did a year ago just 2,307 units, in fact, versus 28,302 cars sold in the prior-year period. However, it sold cars differently this quarter than it did a year ago, too.
Uxin Ltd. (NASDAQ: UXIN)1. Ebang International Holdings Inc.Â
If you havenât heard of Ebang International Holdings, youâre probably not alone. However, the company has been making some big gains in the past few months that could make it worth considering. Before we get into why letâs discuss what EBON does.Â
Through its various subsidiaries, Ebang researches, designs, and develops circuit chips used in Bitcoin mining. Its products are offered in the U.S., China, and Hong Kong. In addition to chips, it provides mining machine hosting services that allow its users to conduct mining operations from anywhere around the world.Â