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 Its shares slumped as much as 87 percent in Hong Kong trading following a 17-month halt, becoming a penny stock., 28 Aug. 2023 Country Garden is now the Hong Kong equivalent of a penny stock, trading below one Hong Kong dollar ($0.13) for over a week. Bynicholas Gordon, Fortune, 21 Aug. 2023 The August trading took the stock from $6 to $30 and then back to $10, an extraordinary trip reminiscent of penny stock trading back in the 1980’s. John Navin, Forbes, 11 Feb. 2023 Bed Bath & Beyond is a penny stock, with its shares worth $0.33 as of Thursday, and it may be headed for bankruptcy amid plunging sales and a mountain of debt. Aaron Gregg, Washington Post, 20 Apr. 2023 Hycroft Mining, a penny stock, leaped 9%. Julia Horowitz, CNN, 16 Mar. 2022 When the company initially took the Riot Blockchain name, the former penny stock soared, posting a gain of more than sevenfold in 2017. David Pan,, 3 Jan. 2023 It’s considered a penny stock now, with a market value recently below $350 million. Dallas News, 27 Mar. 2022 Herman was convicted in October and awaiting sentencing on several counts, including conspiracy to commit securities fraud and wire fraud, for his role in an unrelated Wyoming penny stock scheme, according to the SEC. Dallas News, 19 Jan. 2022 See More

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.

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.” Dictionary, Merriam-Webster, Accessed 3 Dec. 2023.

Legal Definition

penny stock

see stock

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