penny stock

noun Stock Exchange.

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

Contemporary Examples of penny stock

This was the heyday of penny-stock bucket shops and “pump and dump” tactics.
The Making of Madoff
Jerry Oppenheimer
August 1, 2009