Source: Postmodern Studio / Shutterstock Grom Social Enterprises (NASDAQ:GROM) stock is falling on Wednesday after the company revealed details of a private placement. According to a press release, the company has reached an agreement with an institutional investor. This covers the sale of 1,327,434 shares of GROM stock and warrants to purchase of another 2,323,010…

Source: arfa adam / Shutterstock.com Waitr (NASDAQ:ASAP) stock is falling hard on Wednesday after the company said it doesn’t intend to appeal a Nasdaq delisting. According to a U.S. Securities and Exchange Commission (SEC) filing, the company isn’t in compliance with the $1 minimum bid listing required for the Nasdaq Capital Market. As a result,…

Source: Gorodenkoff / Shutterstock.com Esports Entertainment (NASDAQ:GMBL) stock is rising higher on Wednesday without any recent news from the online betting company. However, investors will note that GMBL stock is seeing heavy trading volume this morning. As of this writing, more than 13 million shares of the company’s stock have changed hands. That’s already over…

As you will be reminded at the end of this article, penny stocks are incredibly dangerous. Of course, we are all naturally attracted to a low price tag. However, there’s a big difference between a discounted opportunity and a cheap one. The former may have some real potential, but the latter can leave you stranded.…