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 Arizona State presents another buying opportunity, if only because the Sun Devils are the equivalent of a penny stock as second-year coach Kenny Dillingham attempts to revamp the roster. —

Jon Wilner, The Mercury News, 21 June 2024 The company’s shares have tanked to penny stock status at $3.11 a share, a fraction of its IPO priced at $29. —

Sasha Rogelberg, Fortune, 1 May 2024 Rent the Runway, which languished as a penny stock less than two months ago, quadrupled its share price last week thanks, in part, to two letters: AI. —

Emma Hinchliffe, Fortune, 15 Apr. 2024 That symbol was also used for Trump’s only other public company, Trump Hotels and Casino Resorts, which collapsed into a penny stock in less than a decade and filed for bankruptcy in 2004. —

Drew Harwell, Washington Post, 22 Mar. 2024 See all Example Sentences for penny stock

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'penny stock.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.