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Barchart
Edited by Elizabeth Volk

Penny Stock VCI Global Breaks Out on a Big AI Contract, But There Are Better Ideas

V

The U.S.-listed shares of VCI Global Limited (VCIG) are on the move today, up 86% at today’s intraday peak of $0.1365 on unusually heavy volume of more than 260 million shares. 

VCIG has since pared its gains to pull back below $0.10, which has become a technical sticking point for the penny stock. At last check, VCI Global stock is up about 12% intraday, reversing sharply from its morning highs.

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