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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 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 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

In addition, the company’s ties to Robert “Bobby” Genovese, a penny stock promoter who’s facing U.S.

From Seattle Times • Dec. 17, 2018

Several months later, the company de-registered with the Securities and Exchange Commission, ending public filings about its financial statements, though it still traded over the counter as a penny stock.

From New York Times • Jun. 7, 2016