Why are these 3 ASX penny stocks shooting up today?

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Why are these 3 ASX penny stocks shooting up today?

3 views 13 May 2022 On the last day of the week, the Australian market opened the session on a positive note with the benchmark ASX 200 trading 1.46% up to reclaim the 7,000 mark as intense selling. Small caps are also participating in the rally as investors are trying to capitalise on volatile but already beaten-down stocks. The ASX Small Ordinaries index surged 1.59%. In that vein, let us have a look at three ASX penny stocks that are rallying high today.

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