A stock that sells for less than $l a share is called a
A)fractional stock.
B)dollar stock.
C)penny stock.
D)ten-dollar stock.
E)bad investment.

Question

Quizplus · Accepted Answer

A stock selling for less than $1 per share is commonly referred to as a penny stock. Fractional and dollar stocks are not commonly used terms in the stock market, and a ten-dollar stock is not necessarily considered low-priced. "Bad investment" is not a relevant choice as it is not a specific term used in the stock market.

A Stock That Sells for Less Than $L a Share