clipped from: norris.blogs.nytimes.com   

Business


Has Any Penny Stock Become a Big Company?


If you look at a long-term stock chart, you can get the impression Intel was a penny stock, because the chart is adjusted for splits. If you bought one Intel share at any time in the 1970’s, and put it away, you now have 96 shares thanks to splits.


Here is the challenge: Can anyone name a company that became a successful important company that was ever really a penny stock?


  • Your Money

  • Small Business

  • Economy

  • Markets