VS Media(VSME) Investor Place·2024-08-15 11:53Group 1 - VS Media (NASDAQ:VSME) stock is experiencing significant pre-market trading activity, with over 12.4 million shares traded, far exceeding its daily average of approximately 312,000 shares [1] - The stock's movement is occurring without any news from VS Media, including a lack of press releases or SEC filings, indicating that the rally may be driven by speculative trading [1] - VSME is classified as a penny stock, with a prior closing price of 73 cents and a market capitalization of $2.365 million, which contributes to its volatility [1][2] Group 2 - As of Thursday morning, VSME stock has increased by 86.3%, highlighting the potential for rapid price changes in penny stocks [2] - The volatility of penny stocks can lead to unpredictable price movements, often influenced by speculative traders or retail investors engaging in pump and dump schemes [2]