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3 Penny Stocks to Watch Now, 7/8/25

3 Penny Stocks to Watch Now, 7/8/25

Mustang Bio, Sonnet BioTherapeutics, and SaverOne 2014 Ltd. are the 3 Penny Stocks to watch on July 8, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization below $300 million.

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The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.

We leveraged the tool to pick the top three penny stocks with the highest Dollar Volume as of the close on July 7, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.

Mustang Bio (MBIO) – Mustang Bio is a clinical-stage biopharmaceutical company focused on developing novel cell therapies for cancer and rare diseases. On July 7, MBIO had a Dollar Volume of $930.99 million, while its stock price skyrocketed by more than 180%.

Yesterday, the company announced that the U.S. Food and Drug Administration (FDA) granted an Orphan Drug Designation to Mustang for its lead drug candidate, MB-101. The drug is being tested for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

Sonnet BioTherapeutics (SONN) – Sonnet BioTherapeutics is a biotechnology company focused on developing cancer treatments using its proprietary platform to create targeted biologic drugs with single or bifunctional actions. Yesterday, Sonnet had a Dollar Volume of $142.79 million, accompanied by a stock price surge of nearly 21%.

There was no specific news regarding Sonnet BioTherapeutics on July 7. However, shares have been on an uptrend since July 2, following the completion of a $2 million sale of convertible notes to accredited investors on June 30.

SaverOne 2014 Ltd. (SVRE) – SaverOne is an Israel-based technology company that has developed a system to block messages and life-endangering apps while driving with no impact on their work routine. On Monday, SVRE had a Dollar Volume of $130.48 million, while its stock price rocketed by over 44%. There was no specific news about SaverOne on July 7 that would justify the stock price surge.

To find more penny stocks like these, you can take a look at TipRanks’ Penny Stock Screener tool. It shows a list of all penny stocks, their price movement, and other vital data.

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