A stock that typically sells for less than $1 per share is called a(n)_______ stock.

Question

Quizplus · Accepted Answer

The term "penny stock" is commonly used to refer to stocks that trade for less than $1 per share. These stocks are often associated with small, relatively unknown companies that may be considered riskier investments. The other options (blue chip, income, micro cap, midcap) do not typically refer to stocks that trade at such a low price.

A Stock That Typically Sells for Less Than $1 Per