Beneficient, Connexa Sports Technologies, and Applied DNA Sciences are the 3 Penny Stocks to watch on October 24, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization below $300 million.
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The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.
We leveraged the tool to pick the top three penny stocks with the highest Dollar Volume as of the close on October 23, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
Beneficient (BENF) – Beneficient is a fintech company focused on the alternative asset investment market. On October 23, BENF had a Dollar Volume of $505.77 million, while its stock price dropped by nearly 35%.
The share price drop appears to be a reversal from the prior day’s rally, when BENF stock soared over 100%. Beneficient announced that chairman Thomas O. Hicks and interim CEO James G. Silk converted a significant number of preferred shares into Class A common stock. The move signaled strong confidence in the company’s future and aimed to simplify the capital structure, with the converted shares subject to a lock-up agreement until October 1, 2028.
Connexa Sports Technologies (YYAI) – Connexa Sports changed its name to AiRWA Inc., as part of its expansion into the Web3 space. AiRWA is increasing focus on blockchain technology and its leading role in the new digital finance sector. On Thursday, YYAI had a Dollar Volume of $467.53 million, while its share price plunged by 50.6%.
The company announced a one-for-50 reverse stock split of its common shares, effective October 27. The split is being carried out to maintain Nasdaq’s minimum bid price requirement of $1 per share. On October 22, the previous trading day, YYAI stock surged more than 120% after Director Michael Belfiore purchased 3,213,095 common shares, representing a 22.1% stake. The move reflects Belfiore’s confidence in Airwa’s potential and its new strategic direction.
Applied DNA Sciences (BNBX) – Applied DNA Sciences is a biotechnology company engaged in developing novel DNA-based treatments. The company recently transitioned from a pure play biotech to a yield-focused BNB digital asset treasury strategy company. Yesterday, BNBX had a Dollar Volume of $264.07 million, accompanied by a stock price drop of nearly 19%.
BNBX announced the successful completion of its previously disclosed private investment in public equity (PIPE) financing, which was led by institutional investors from both the DeFi and TradFi sectors. The company raised gross proceeds of up to $27 million from the PIPE, with the potential for up to an additional $31 million in gross proceeds in the future from warrant exercises.
To find more penny stocks like these, you can take a look at TipRanks’ Penny Stock Screener tool. It shows a list of all penny stocks, their price movement, and other vital data.