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What is a penny stock?

April 26, 2017EconomicsEconomics

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Melody Nolan Posted

What is a penny stock?

3 Answers

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Kim Snowden Posted

According to the SEC (Securities Exchange Commission), a penny stock is any stock that trades for less than $5 per share.

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Clare Stagg Posted

A penny stock usually refers to a stock that is valued at under $1 per share. These kinds of investments are speculative and risky.

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Chinmayee Dash Posted

According to Securities Exchange Commission (SEC), a penny stock is a stock that trades below $5 per share. Such stocks are highly volatile and risky for the investors. Penny stocks are highly manipulated by the stock promoters.