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Penny stock

noun

Definitions

Noun
  1. 1
    A highly speculative stock selling for less than one dollar or pound per share and quoted in cents or pence. UK, US

    "Every so often, the practice reappears in the trading of “penny stocks”—cheap, rarely traded, shares. Years ago when volume was thinner, it was said to be common in blue chips too."

  2. 2
    a stock selling for less that $1/share wordnet

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