Best momentum US penny stocks from 3 to 7 March 2025

Between March 3 and March 7, 2025, several U.S. penny stocks exhibited notable momentum, attracting the attention of investors seeking high-growth opportunities. Among these, Remitly Global Inc. (NASDAQ: RELY), Sterling Check Corp. (NASDAQ: STER), Alphatec Holdings Inc. (NASDAQ: ATEC), and Luna Innovations Incorporated (NASDAQ: LUNA) stood out due to their significant price movements and underlying developments. This article analyzes the performance of these stocks during the specified period, exploring the factors that contributed to their momentum.

Remitly Global Inc. (NASDAQ: RELY)

Remitly Global, a digital remittance company aiming to disrupt traditional money transfer services, experienced a notable surge in its stock price during the week of March 3 to March 7, 2025. The stock opened at $23.70 on March 3 and closed at $24.00 on March 7, reflecting a gain of approximately 1.27% over the week.

Several factors contributed to this upward momentum:

1. Accelerating Revenue Growth: In the third quarter of 2024, Remitly reported a 39% year-over-year increase in revenue, reaching $336.5 million. This acceleration from the previous quarter's 31% growth was driven by a 42% increase in transaction volume across its platform.
2. Expanding Customer Base: The company's active customer base grew to 7.3 million, up from 5.4 million a year earlier, indicating successful marketing and product development efforts.
3. Market Opportunity: Capturing just 3% of the global remittance market, Remitly has significant room for growth, which has bolstered investor confidence.

Sterling Check Corp. (NASDAQ: STER)

Sterling Check Corp., a provider of technology-enabled background and identity verification services, also demonstrated notable momentum during the specified week. The stock opened at $16.78 on March 3 and closed at $16.74 on March 7, showing a slight decrease of approximately 0.24%.

Key factors influencing this performance included:

1. Enhanced Capabilities in Asia-Pacific: In November 2023, Sterling launched enhanced capabilities in the Asia-Pacific region, expanding its global reach and service offerings. This strategic move aimed to capitalize on the growing demand for background and identity verification services in the region.
2. Financial Performance: While specific financial data for the week of March 3 to March 7, 2025, is not available, Sterling's ongoing expansion efforts and service enhancements have positioned the company for potential growth in the background verification industry.

Alphatec Holdings Inc. (NASDAQ: ATEC)

Alphatec Holdings, a medical technology company specializing in spinal fusion technologies, experienced significant momentum during the week. The stock opened at $11.88 on March 3 and closed at $12.53 on March 7, marking a gain of approximately 5.48%.

Factors contributing to this performance included:

1. Product Portfolio Expansion: Alphatec's continuous efforts to expand its product portfolio with innovative spinal surgery solutions have strengthened its market position, attracting investor interest.
2. Positive Clinical Outcomes: The company's products have demonstrated positive clinical outcomes, leading to increased adoption by surgeons and healthcare facilities.
3. Market Dynamics: The growing demand for minimally invasive surgical procedures has created favorable market conditions for companies like Alphatec, contributing to its stock's upward movement.

Luna Innovations Incorporated (NASDAQ: LUNA)

Luna Innovations, a company specializing in advanced optical technology, saw its stock exhibit notable volatility during the week. The shares opened at $1.20 on March 3 and closed at $0.8891 on March 7, reflecting a decline of approximately 25.91%.

Key factors influencing this performance were:

1. Market Volatility: Penny stocks like Luna Innovations are often subject to higher volatility due to lower trading volumes and market speculation, which can lead to significant price fluctuations.
2. Financial Performance: Specific financial data for Luna Innovations during this period is not available. However, the company's stock performance may have been influenced by broader market trends and investor sentiment toward technology stocks.

Conclusion

During the week of March 3 to March 7, 2025, Remitly Global Inc., Sterling Check Corp., Alphatec Holdings Inc., and Luna Innovations Incorporated exhibited varying degrees of momentum, influenced by company-specific developments and market dynamics. Investors monitoring these stocks observed significant price movements, underscoring the importance of staying informed about individual company performance and broader industry trends when considering investments in penny stocks.

 

S.No	Stock Name	Price For	Price	current
1	Remitly Global Inc.	buy	₹ 23	₹ 26