- common stock, usually highly speculative, selling for less than a dollar a share.
Origin of penny stock
An Americanism dating back to 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for penny stock
This was the heyday of penny-stock bucket shops and “pump and dump” tactics.The Making of Madoff
August 1, 2009