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 one that trades below $5 per share. 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.
You may also like
About the author
Information to enrich your life.
WELCOME TO RICHTOPIA
- 2,465,767 all-time users
- 11 Amazing Examples of Disruptive Technology
- Africa Exclusive: Property Investment in Lagos, Nigeria
- 17 Great Examples of Effective Leadership and Strategy
- What Is Social Marketing? And How Does It Work?
- 7 Wealth Habits of the World’s Richest People
- Tourism, Nationalism and the De-Cosmopolitanisation of Culture in Bali
- Review of the 6 Major Blockchain Protocols
- The Insider's Guide to Serendipity
- Amy Cuddy: Profile of a Body-Language Hacker (Including Top 10 Tips)