penny stock Meaning in the Cambridge English Dictionary
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Meaning of “penny stock” in the English Dictionary

"penny stock" in Business English

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penny stocknoun [C]

uk   us   (also UK penny share) FINANCE, STOCK MARKET
a ​share with a very ​lowvalue because it is considered a ​high-riskinvestment, for ​example in a ​company that is ​small, little known, or not very ​successful: The ​pharmaceuticalsgroup, which has ​fallen back into ​pennystockstatus, has been threatened with being delisted from the Nasdaq. pennystockcompany/​investors/​market
(Definition of penny stock from the Cambridge Business English Dictionary © Cambridge University Press)
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