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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.

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

After moving to Florida from New York in 1995, he worked for penny stock companies that ran into regulatory problems, according to public records.

From Reuters • May 22, 2023

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

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