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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.

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

The SEC civil complaint seeks “injunctive relief, disgorgement plus prejudgment interest, civil penalties, a prohibition against participating in any penny stock offerings, and an officer and director bar against Coker Jr.”

From Washington Times • Sep. 27, 2022

Jaszai bought into a small holding company called Konzum, a former retail chain operator that had sunk to a penny stock.

From Reuters • Mar. 15, 2018

In such a scheme, an opportunist buys shares of a penny stock and then “pumps” it up, hyping it online or perhaps breathlessly promoting it in a newsletter.

From Seattle Times • Sep. 17, 2016