penny stock
- common stock, usually highly speculative, selling for less than a dollar a share.
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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
This was the heyday of penny-stock bucket shops and “pump and dump” tactics.
