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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:

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

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

Seattle has enjoyed a high return on that penny stock.

From Seattle Times May 13, 2023

The former penny stock remains up over 500 percent from the end of April.

From Reuters Sep. 20, 2016

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