What is considered to be a penny stock?
Asked 4 years ago
Hey everyone, I'm learning about penny stocks! Can you please give me some examples of penny stock? How do you identify them? Which would you say is the best penny stock to invest in right now? Thanks :)
Andia Rispah Igobwa
Tuesday, September 14, 2021
A penny stock is a term used to describe a small firm's stock that trades for less than $5 per share. Penny stocks are notorious for their high degree of risk due to their low price, limited liquidity, small market capitalization, and large bid-ask spread. As a result, company ABC's shares are categorized as penny stocks.
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