5 Hot Penny Stock On the Move

2. Renalytix PLC (NASDAQ:RNLX)

Stock Performance Over the Past One Month: 135%

Renalytix PLC (NASDAQ:RNLX) shares jumped by as much as 500% after Renalytix PLC (NASDAQ:RNLX) said the Centers for Medicare & Medicaid Services (CMS) has released a draft local coverage determination for KidneyIntelX and KidneyIntelX.dkd, marking a significant milestone for Renalytix PLC (NASDAQ:RNLX).

If the draft is approved, it will establish coverage for its diagnostic platform, KidneyIntelX, and its testing service, KidneyIntelX.dkd.