penny stock

noun, Stock Exchange.
1.
common stock, usually highly speculative, selling for less than a dollar a share.
Origin
1930-35, Americanism
Examples from the web for penny stock
  • There is no set, accepted definition of penny stock.
  • The attachments were audio files all pumping up the same penny stock.
Slang definitions & phrases for penny stock

penny stock

noun phrase

: That minimum would exclude penny stocks, which are cheap, risky stocks that usually have prices below $1 a share (1932+)