Investing

What Investors Should Know Before Buying Surging Penny Stocks

Shares selling for less than $1 sound like an alluring investment. But they come with serious risks such as exposure to pump-and-dump schemes.

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Little stocks are having a big week.

Six companies selling for less than $1 made up nearly a fifth of U.S. trading volume on Monday, according to data compiled by Joseph Saluzzi of Themis Trading LLC.