What does penny stock mean?
Definitions for penny stock
penny stock
This dictionary definitions page includes all the possible meanings, example usage and translations of the word penny stock.
Princeton's WordNet
penny stocknoun
a stock selling for less that $1/share
Wiktionary
penny stocknoun
A highly speculative stock selling for less than one dollar per share and quoted in cents.
ChatGPT
penny stock
A penny stock typically refers to the stock of a small company that trades for less than $5 per share. These stocks are generally traded over-the-counter or on smaller exchanges, rather than on major exchanges like the New York Stock Exchange. Penny stocks are considered highly speculative and risky due to their lack of liquidity, large bid-ask spreads, and limited disclosure of information.
Wikidata
Penny stock
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. In the United States, the SEC defines a penny stock as a security that trades below $5 per share, is not listed on a national exchange, and fails to meet other specific criteria. In the United Kingdom, stocks priced under £1 are called penny shares. In the case of many penny stocks, low market price inevitably leads to low market capitalization. Such stocks can be highly volatile and subject to manipulation by stock promoters and pump and dump schemes. Such stocks present a high risk for investors, who are often lured by the hope of large and quick profits. Penny stocks in the USA are often traded over-the-counter on the OTC Bulletin Board, or Pink Sheets. In the United States, the Securities and Exchange Commission and the Financial Industry Regulatory Authority have specific rules to define and regulate the sale of penny stocks.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of penny stock in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of penny stock in Pythagorean Numerology is: 7
Examples of penny stock in a Sentence
We move quickly to protect investors when we see thinly traded stocks being promoted with questionable information that make them ripe for pump-and-dump schemes, Fraudsters are constantly exploiting issues of public concern to tout a penny stock company supposedly in the business of addressing the latest crisis.
While the SEC has so far penalized penny stock firms, the regulator is also quite vigilant about what larger companies are telling investors about how COVID-19 might impact them.
The time was ripe for management to address the problems and any measures that might shore up some confidence in what was beginning to look like a penny stock are clearly welcome, dividend cuts, asset selling and a new debt reduction plan appear to be doing the trick.
Translations for penny stock
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"penny stock." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/penny+stock>.
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