Penny stock quotes can typically be found on which platform?

Penny stock quotes can typically be found on which platform?

• A. NYSE
• B. OTC Pink
• C. NASDAQ
• D. AMEX

Answer: (B)

Penny stocks, which are typically defined as stocks trading under $5 per share, are often not listed on major exchanges like the NYSE or NASDAQ. Instead, they are frequently traded over-the-counter (OTC), which includes platforms like OTC Pink (formerly known as Pink Sheets). OTC Pink serves as a marketplace for these lower-priced and often more volatile stocks, enabling investors to find quotes for them. This platform provides a less regulated environment where many small companies can list their shares, making it accessible for penny stock trading. In contrast, the NYSE, NASDAQ, and AMEX require companies to meet specific financial and regulatory requirements, which most penny stocks do not meet. Therefore, OTC Pink is the most suitable platform for locating quotes for penny stocks.

Penny stocks, which are typically defined as stocks trading under $5 per share, are often not listed on major exchanges like the NYSE or NASDAQ. Instead, they are frequently traded over-the-counter (OTC), which includes platforms like OTC Pink (formerly known as Pink Sheets).

OTC Pink serves as a marketplace for these lower-priced and often more volatile stocks, enabling investors to find quotes for them. This platform provides a less regulated environment where many small companies can list their shares, making it accessible for penny stock trading.

In contrast, the NYSE, NASDAQ, and AMEX require companies to meet specific financial and regulatory requirements, which most penny stocks do not meet. Therefore, OTC Pink is the most suitable platform for locating quotes for penny stocks.