The U.S. stock market has recently experienced a surge to record highs, driven by significant gains in sectors such as banking and cryptocurrency following political developments. In this context, penny stocks—often representing smaller or newer companies—remain an intriguing investment area despite their somewhat outdated designation. These stocks can offer surprising value when backed by strong financial health, potentially providing opportunities for growth and stability in a fluctuating...
Despite a revenue dip, PLAYSTUDIOS Inc (MYPS) boosts EBITDA and expands direct-to-consumer revenue, while implementing cost-saving measures and strategic growth plans.