A $7 Million Reason to Buy This Penny Stock Under $1 Today

Autozi Internet Technology (AZI) stock more than tripled on March 9, after the automotive retail and tech firm said its controlling shareholder has completed a previously announced $7 million capital infusion commitment. Investors cheered AZI as the shareholder, in conjunction with several other co-investors, proposed up to $110 million in additional funding, valuing the company shares at $1.30 each. Despite an explosive rally on Monday, however, AZI shares remain down about 75% versus their year-to-date ...