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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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