Investing in penny stocks can be risky, but also extremely lucrative. Traders are always looking for that next huge penny stock that could jump several hundred or even thousand percent in a single day. So what was the biggest penny stock gain in one day?
If you’re short on time, here’s a quick answer to your question: The biggest penny stock gain in one day was Jackpot Digital Inc., which surged 1632% on September 14, 2017.
In this comprehensive article, we will look at some of the biggest penny stock gainers throughout history. We’ll examine what caused these massive spikes, learn about the companies behind them, and see what happened after these epic runs.
Jackpot Digital Inc – 1632% Gain
When it comes to penny stocks, it’s not every day that you see a massive gain of 1632%. However, that’s exactly what happened to Jackpot Digital Inc. company which experienced a skyrocketing surge in its stock price in just one day.
Let’s take a closer look at the background of the company, the news that caused this incredible spike, and where the company stands today.
Background on Company
Jackpot Digital Inc. is a leading provider of electronic table games for the gaming industry. They specialize in developing innovative and interactive gaming solutions that enhance the player experience.
With a strong track record of success and a commitment to cutting-edge technology, Jackpot Digital Inc. has positioned itself as a key player in the gaming industry.
Over the years, the company has built a solid reputation for its high-quality products and excellent customer service. Their state-of-the-art gaming platforms have garnered praise from both players and industry experts alike.
With a focus on delivering exceptional gaming experiences, Jackpot Digital Inc. has become a trusted name in the industry.
News that Caused the Spike
The massive gain of 1632% in one day can be attributed to a significant announcement made by Jackpot Digital Inc. The company revealed that it had secured a lucrative partnership with a major casino operator, which would greatly expand its market reach and revenue potential.
This news sent shockwaves through the investment community, as investors recognized the immense growth prospects that this partnership would bring. The announcement was met with excitement and optimism, leading to a surge in demand for Jackpot Digital Inc.’s stock.
It is important to note that penny stocks are highly volatile and can experience significant price swings based on news and market sentiment. While the gain of 1632% was extraordinary, it is not a common occurrence in the penny stock market.
Aftermath and Where the Company is Today
Following the incredible spike in stock price, Jackpot Digital Inc. experienced a period of consolidation as investors took profits and the market adjusted. However, the company has continued to make strides in expanding its business and solidifying its position in the gaming industry.
They have successfully leveraged their partnership with the major casino operators to secure additional contracts and partnerships. Jackpot Digital Inc.’s innovative gaming solutions have gained traction in the market, and they have seen a steady increase in demand for their products.
The company’s financial performance has also improved significantly, with a substantial increase in revenue and profitability. This growth has attracted the attention of investors and analysts, who have recognized the potential of Jackpot Digital Inc. as a long-term investment opportunity.
AmeriCann Inc – 1392% Gain
AmeriCann Inc. is a cannabis cultivation and processing company based in the United States. The company focuses on providing sustainable and efficient solutions for the medical and recreational cannabis industry.
With state-of-the-art facilities and a dedicated team of experts, AmeriCann Inc. has positioned itself as a leader in the rapidly growing cannabis market.
The incredible 1392% gain experienced by AmeriCann Inc. in one day was primarily driven by a combination of factors. Firstly, the announcement of a new partnership with a major player in the cannabis industry sparked investor excitement and confidence in the company’s prospects.
Additionally, the legalization of cannabis in several states created a favorable regulatory environment, leading to increased demand for cannabis products and driving up stock prices across the sector.
This perfect storm of positive news and market conditions propelled AmeriCann Inc. to unprecedented heights.
Following the record-breaking surge in stock price, AmeriCann Inc. faced the challenge of sustaining its momentum and capitalizing on the newfound investor interest.
The company used the influx of capital to expand its operations, improve infrastructure, and develop new products. With a solid foundation and a clear growth strategy, AmeriCann Inc. managed to maintain its position as a key player in the cannabis industry.
Force Protection Inc – 1154% Gain
Force Protection’s Business
Force Protection Inc. is a leading provider of armored vehicles and blast-protected products for military and law enforcement agencies. The company specializes in designing and manufacturing vehicles that offer maximum protection against explosives, mines, and other threats.
With a strong reputation for quality and reliability, Force Protection has established itself as a trusted supplier in the defense industry.
Force Protection’s armored vehicles are used by armed forces around the world, including the United States military. These vehicles play a crucial role in protecting soldiers and personnel in combat zones, providing them with enhanced safety and security.
Catalyst for Massive Single-Day Increase
The massive single-day gain of 1154% for Force Protection Inc. can be attributed to a significant contract win with a major defense department. The contract, valued at billions of dollars, will see Force Protection supplying a large number of armored vehicles to the military.
This contract win not only boosted investor confidence in the company but also attracted the attention of institutional investors and analysts. The news of the contract spread quickly, leading to a surge in demand for Force Protection’s stock.
Additionally, the timing of the contract win coincided with a broader market rally, which further fueled the increase in Force Protection’s stock price. As investors sought opportunities in the defense sector, the positive sentiment surrounding Force Protection’s contract win acted as a catalyst for the massive single-day gain.
Stock Price Following the Spike
Following the spike in stock price, Force Protection Inc. experienced a period of volatility as profit-taking and market corrections took place. However, the company’s strong fundamentals and ongoing contracts continued to support its stock price.
Investors who had purchased the stock before the spike saw significant gains and were able to capitalize on the price increase. Those who bought at the peak may have experienced some short-term losses if they did not sell during the period of volatility.
It is important to note that investing in penny stocks like Force Protection Inc. carries inherent risks. While the single-day gain was impressive, such dramatic price movements can be unpredictable and may not be sustainable in the long term.
For more information on Force Protection Inc. and its armored vehicles, visit their official website.
TapImmune Inc – 1116% Gain
TapImmune’s Area of Focus
TapImmune Inc is a biotechnology company, that garnered attention recently due to its remarkable one-day gain of 1116%. The company specializes in developing innovative immunotherapies for the treatment of cancer and infectious diseases.
TapImmune’s primary focus is on the development of T-cell therapies and vaccines that target various types of cancers, including breast, ovarian, and colorectal cancers.
TapImmune’s unique approach involves leveraging the body’s immune system to specifically target and attack cancer cells. By stimulating the production of T-cells, which play a crucial role in the body’s defense against diseases, TapImmune aims to develop effective and personalized treatments for patients.
News Driving the Rally
The astounding gain in TapImmune’s stock price can be attributed to a series of positive news releases. One of the major catalysts behind the rally was the announcement of encouraging results from the company’s ongoing clinical trials.
These trials have demonstrated promising efficacy and safety profiles, raising investor optimism about the potential of TapImmune’s therapies.
In addition to the positive clinical data, TapImmune has also secured several strategic partnerships and collaborations with renowned pharmaceutical companies. These partnerships provide the company with access to additional resources and expertise, further fueling investor confidence in TapImmune’s prospects.
Furthermore, the growing demand for innovative cancer treatments and the increasing focus on immunotherapies in the healthcare industry have created a favorable market environment for TapImmune. Investors are recognizing the significant potential of the company’s technology and are positioning themselves to reap the benefits of its success.
Aftermath and Current Standing
Following the substantial gain, TapImmune’s stock has undoubtedly attracted significant attention from investors and traders alike. However, it is important to approach such extraordinary gains with caution, as they often come with increased volatility and the potential for a market correction.
Investors must conduct thorough research and carefully analyze the company’s fundamentals before making any investment decisions. While the recent gain in TapImmune’s stock is impressive, it is essential to consider the long-term sustainability of the company’s success and its ability to deliver on its promises.
Editor’s Note: TapImmune was acquired by Marker Therapeutics in 2023, and the TapImmune website is no longer active.
On the linked website you can find information about the company’s pipeline, clinical trials, and management team. It also includes a news and events section, where investors can find updates on the company’s progress.
Other Notable Examples
CytoDyn Inc – 1064% Gain
CytoDyn Inc. is a biotechnology company that focuses on the development of innovative treatments for various diseases. In one remarkable day, the company experienced an unprecedented 1064% gain in its penny stock value.
This astonishing surge was primarily driven by positive clinical trial results for their leading drug candidate, which showed promising efficacy in treating a life-threatening condition. Investors who had faith in the company’s potential reaped substantial rewards as the stock price skyrocketed.
Novavax Inc – 1010% Gain
Novavax Inc., a renowned biotechnology company, witnessed a staggering 1010% gain in its penny stock value within a single day. The surge was triggered by the announcement of a breakthrough vaccine candidate that showed remarkable effectiveness against a highly contagious virus.
The news sent shockwaves through the market, and investors rushed to capitalize on this exciting development. As a result, Novavax Inc. experienced an unprecedented rise in its stock price, transforming the lives of many investors overnight.
Remark Holdings Inc – 926% Gain
Remark Holdings Inc., a cutting-edge technology company, achieved an impressive 926% gain in its penny stock value in just one day. This remarkable surge was fueled by a groundbreaking partnership with a global tech giant, which promised to revolutionize the industry.
The news spread like wildfire, and investors jumped at the opportunity to secure a stake in Remark Holdings Inc. As a result, the company’s stock price soared to unprecedented heights, generating substantial wealth for those who had the foresight to invest.
These three examples illustrate the incredible potential of penny stocks to deliver extraordinary gains in a short period. While such astronomical increases are rare, they serve as a reminder of the immense opportunities that exist in the stock market.
It is crucial, however, to approach penny stocks with caution and conduct thorough research before investing. Penny stocks can be highly volatile and unpredictable, and success stories like these are few and far between.
Nevertheless, for those who are willing to take calculated risks and make informed decisions, the potential rewards can be truly remarkable.
The Biggest Penny Stock Gain In One Day – Conclusion
While massive one-day gains in penny stocks garner a lot of attention, traders should keep in mind that these situations are rare. Many penny stocks making huge moves are often experiencing a ‘pump and dump’ manipulative scheme or trading based on hype vs fundamentals.
However, some penny stocks making triple and quadruple-digit moves in a day are reacting to legitimate positive news events and end up being long-term winners. With proper due diligence, traders can sometimes uncover these opportunities and profit from explosive short-term price action.
But trading penny stocks remains risky and it’s critical to manage risk appropriately.
