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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

In terms of civil action, the SEC is seeking “permanent injunctions, disgorgement, prejudgment interest and civil penalties against each defendant, as well as a penny stock bar against Mr. Hrvatin.”

From Washington Times • Dec. 15, 2022

As naive investors pile in, penny stock shares can soar, but they’ll frequently crash, too, when shares start getting sold — often by the people who hyped the stocks in the first place.

From Seattle Times • Jun. 17, 2017

The former penny stock remains up over 500 percent from the end of April.

From Reuters • Sep. 20, 2016

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