A Hong Kong noodle shop wants to sell you stock for $4 a share. So does an American tech startup you've never heard of, plus dozens of other little-known companies from around the globe. More than 90 penny stocks have held IPOs so far this year, a bump from the 77 that did so in 2024. Penny stock IPOs are surging to levels not seen since the 1980s as a mix of commission-free trading apps, crypto-primed retail investors, and distracted regulators creates ideal conditions for small companies to tap U.S. mar ...