Examples of penny stock in a Sentence
Recent Examples on the Web
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.
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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
Shares of the penny stock fell 5% in premarket trading.
—Jordan Valinsky, CNN, 5 Mar. 2024
The New York Stock Exchange requires a minimum closing price of $1 per share and such reverse splits are standard practice for penny stocks seeking to maintain their listings.
—Lynn Doan, Fortune, 18 Aug. 2023
Its shares slumped as much as 87 percent in Hong Kong trading following a 17-month halt, becoming a penny stock.
—BostonGlobe.com, 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
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
Shares of the penny stock fell 5% in premarket trading.
—Jordan Valinsky, CNN, 5 Mar. 2024
The New York Stock Exchange requires a minimum closing price of $1 per share and such reverse splits are standard practice for penny stocks seeking to maintain their listings.
—Lynn Doan, Fortune, 18 Aug. 2023
Its shares slumped as much as 87 percent in Hong Kong trading following a 17-month halt, becoming a penny stock.
—BostonGlobe.com, 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
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.
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Cite this Entry
“Penny stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny%20stock. Accessed 24 Apr. 2024.
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