penny stock

noun

Stock Exchange.

1. common stock, usually highly speculative, selling for less than a dollar a share.

Word History and Origins

Origin of penny stock¹

An Americanism dating back to 1930–35

Example Sentences

“In the beginning, I lost some money,” said Cao, who started trading penny stocks on his phone as a teenager and dabbled in options.

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Investors by now shouldn’t need to be told that penny stocks may be hazardous to their financial health.

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Hooked to YouTube influencers, he dived into risky penny stocks and trading in derivatives.

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The ideology, the belief systems, the paranoid ideas, the prejudices are all used to induce them to send money or to buy gold, to buy penny stocks, to buy fake cancer cures.

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After going public, the company’s shares traded at about $18 apiece but later became a penny stock.

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