As of June 29, 2015, some top performing penny stocks are Exelixis Inc., Vringo Inc., and Cowen Group Inc. All three stocks are listed on the New York Stock Exchange, according to Nasdaq.com.
Exelixis, based in San Francisco, is a biopharmaceutical company that develops cancer treatments, specializing in a treatment for thyroid cancer. Its performance has increased leading up to its 2015 trial results, with its share price on June 29, 2015 at $3.54. A company focus the remainder of 2015 is the commercialization efforts of cabozantinib, Nasdaq reports.
Vringo is headquartered in New York City. The company licenses and protects innovation by acquiring economic benefits from intellectual property assets. Vringo is expanding its portfolio of more than 500 patents by licensing patent applications covering telecom infrastructure, Internet search and mobile technologies. The company’s shares ended June 29, 2015 at $0.58, according to Hot Penny Stocks.
Cowen Group is a financial services firm headquartered in New York City that provides alternative investment management, investment banking, research, and sales and trading services. Cowen was trading at $6.31 per share as of June 29, 2015. Cowen Group’s share price is up 29 percent since the beginning of 2015 and up 44 percent year-over-year, explains Profit Confidential.