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penny stock

American  

noun

Stock Exchange.
  1. common stock, usually highly speculative, selling for less than a dollar a share.


Etymology

Origin of penny stock

An Americanism dating back to 1930–35

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Trilogy, a Canadian company with projects in Alaska, operated below its listing price — often as a penny stock — before seeing its shares jump to record highs on the DOD announcement.

From MarketWatch ● Aug. 5, 2026

Due in part to these unusual countervailing forces, the trading pattern of SpaceX shares has resembled that of a penny stock on the pink sheets.

From Los Angeles Times ● Jul. 1, 2026

Olaplex effectively has been a penny stock since the start of 2023—shares were trading just under $10 at the time Barron’s recommended them.

From Barron's ● Mar. 26, 2026

The company’s fortunes began to rise in 2010 after William Lieberman, who was later convicted in a separate penny stock fraud scheme, became president.

From Seattle Times ● Mar. 2, 2024

After going public, the company’s shares traded at about $18 apiece but later became a penny stock.

From New York Times ● Dec. 9, 2023

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