: a usually unlisted highly speculative stock usually selling for a dollar or less
Example Sentences
Recent Examples on the WebGrab, Didi, and ironSource have dropped into penny stock territory. Jacob Carpenter, Fortune, 15 Mar. 2022 Naturally, Hycroft, a penny stock, went on its own meme move soon after. Declan Harty, Fortune, 17 Mar. 2022 Hycroft is a penny stock and saw its share price soar Tuesday on the announcement, jumping more than 92% in pre-market trading. Chris Morris, Fortune, 15 Mar. 2022 But now volatility in Phunware shares is off the charts—enough to trigger Nasdaq to halt trading in the penny stock eight times before noon on Friday. Jessica Mathews, Fortune, 22 Oct. 2021 The penny stock was delisted by the OTCQB over-the counter-market in April after catching the attention of prominent hedge fund manager David Einhorn. Kate Gibson, CBS News, 31 Dec. 2021 That massive interest in the Trump SPAC also created a flurry of trades of a penny stock with ties to the Trump reelection campaign, Phunware. Jessica Mathews, Fortune, 22 Oct. 2021 This is the type of stock for penny stock and microcap investors. Q.ai - Make Genius Money Moves, Forbes, 15 Sep. 2021 In Blackburn, the SEC alleged that three defendants sold unregistered securities and misled investors in connection with the penny stock company Treaty Energy Corporation. The Insider, Forbes, 3 Nov. 2021 See More