penny stock

noun

: a usually unlisted highly speculative stock usually selling for a dollar or less

Examples of penny stock in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Now the shares are acting as a penny stock (symbol SAVEQ), changing hands at 15 cents a share Friday. David Lyons, Sun Sentinel, 25 Nov. 2024 This rare equity maneuver, at times, helped large firms, including GE and Citi, but typically just allows penny stocks to temporarily dodge capital market liquidity minimums via brief, artificial share price boosts. Noah Barsky, Forbes, 21 Oct. 2024 These frauds typically involve artificially inflating the price of penny stocks through misleading information, enticing investors and selling shares at a peak before the price collapses. Hitesh Dev, Forbes, 7 Oct. 2024 Nine other esports groups publicly traded in various world markets have fared much worse and are now largely penny stocks. Brendan Coffey, Sportico.com, 11 Sep. 2024 See all Example Sentences for penny stock 

Word History

First Known Use

circa 1920, in the meaning defined above

Time Traveler
The first known use of penny stock was circa 1920

Dictionary Entries Near penny stock

Cite this Entry

“Penny stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny%20stock. Accessed 23 Dec. 2024.

Legal Definition

penny stock

see stock

Last Updated: - Updated example sentences
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