Meaning of “penny stock” in the English Dictionary

business-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 low value because it is considered a high-risk investment, for example in a company that is small, little known, or not very successful:

The pharmaceuticals group, which has fallen back into penny stock status, has been threatened with being delisted from the Nasdaq.

(Definition of “penny stock” from the Cambridge Business English Dictionary © Cambridge University Press)