penny stock

noun

Definition of penny stock

: 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 Grab, Didi, and ironSource have dropped into penny stock territory. Jacob Carpenter, Fortune, 15 Mar. 2022 Naturally, Hycroft, a penny stock, went on its own meme move soon after. Declan Harty, Fortune, 17 Mar. 2022 Hycroft is a penny stock and saw its share price soar Tuesday on the announcement, jumping more than 92% in pre-market trading. Chris Morris, Fortune, 15 Mar. 2022 But now volatility in Phunware shares is off the charts—enough to trigger Nasdaq to halt trading in the penny stock eight times before noon on Friday. Jessica Mathews, Fortune, 22 Oct. 2021 The penny stock was delisted by the OTCQB over-the counter-market in April after catching the attention of prominent hedge fund manager David Einhorn. Kate Gibson, CBS News, 31 Dec. 2021 That massive interest in the Trump SPAC also created a flurry of trades of a penny stock with ties to the Trump reelection campaign, Phunware. Jessica Mathews, Fortune, 22 Oct. 2021 This is the type of stock for penny stock and microcap investors. Q.ai - Make Genius Money Moves, Forbes, 15 Sep. 2021 In Blackburn, the SEC alleged that three defendants sold unregistered securities and misled investors in connection with the penny stock company Treaty Energy Corporation. The Insider, Forbes, 3 Nov. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'penny stock.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of penny stock

circa 1920, in the meaning defined above

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Time Traveler for penny stock

Time Traveler

The first known use of penny stock was circa 1920

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Dictionary Entries Near penny stock

pennysiller

penny stock

pennystone

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Statistics for penny stock

Last Updated

29 May 2022

Cite this Entry

“Penny stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny%20stock. Accessed 3 Jul. 2022.

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More Definitions for penny stock

penny stock

Legal Definition of penny stock

— see stock

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