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Thanks to inflation, penny stocks are now stocks that trade under $5. https://www.investopedia.com/terms/p/pennystock.asp https://www.investopedia.com/terms/p/

Thanks to inflation, penny stocks are now stocks that trade under $5. https://www.investopedia.com/terms/p/pennystock.asp https://www.investopedia.com/terms/p/pennystock.asp Also, penny stocks tend to be fairly illiquid with very marginal market cap and tend to trade on OTC/pink sheets and not on major stock exchanges. So blue apron is penny stockish, but not quite there yet. We'll have to see if NYSE gives Blue Apron the boot.

wgerard 8y ago
The SEC actually has a pretty concrete definition of what a "Penny Stock" is: https://www.ecfr.gov/cgi-bin/text-idx?SID=f4effbf9fb932f767e3e6e2da08418f3&mc=true&node=se17.4.240_13a51_61&rgn=div8 https://www.ecfr.gov/cgi-bin/text-idx?SID=f4effbf9fb932f767e... That being said, there's also the common usage of the term which blue apron arguably falls under.