5 NASDAQ Penny Stocks Under 10 Cents

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1. ContraFect Corporation (NASDAQ:CFRX)

Share Price as of February 7: $0.0700

ContraFect Corporation (NASDAQ:CFRX) is a New York-based clinical-stage biotechnology company that discovers and develops therapeutic protein and antibody products for the treatment of life threatening and drug-resistant infectious diseases in the United States. On December 13, ContraFect Corporation (NASDAQ:CFRX) said that it would purchase approximately $7 million of its common stock. It is one of the best penny stocks to buy under 10 cents. 

Mark Lampert’s Biotechnology Value Fund / BVF Inc is the leading shareholder of the company, with 472,300 shares worth $79,000 as of the third quarter of 2022.

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