penny stock

1. 1.

   a stock selling for less that $1/share

   Broaderover the counter stock

Questions about penny stock

What does penny stock mean?

penny stock means "a stock selling for less that $1/share".

Is penny stock a common word?

penny stock is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.