LIVX - 3 Top Stocks Under $5 a Share
Stocks that trade under $5 are generally referred to as penny stocks, and they tend to be riskier and more volatile than higher-priced stocks. Many of these companies have shaky business models, and their stocks often trade on hype and unrealistic promises.
But not all penny stocks are bad investments. Plenty of companies can generate stable growth even as their share prices remain below $5. Among that group of penny stocks, Tuniu (NASDAQ: TOUR) , LiveXLive Media (NASDAQ: LIVX) , and Waitr (NASDAQ: WTRH) deserve more attention.
Tuniu is an online travel agency (OTA) in China that provides airline, rail, car rental, hotel, and tour bookings. Like many other OTAs , Tuniu struggled last year as the pandemic disrupted travel.
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3 Top Stocks Under $5 a Share