Single-Digit Midget

Single-Digit Midget
A stock with a price that is below $10 per share. Although there are many large companies that trade below $10 per share, "single-digit midget" is a buzz word usually used to describe stocks of companies which have seen a price drop from much higher levels. This term was widely used after many dot-coms' prices dropped severely in the early 21st century.

A recently designated single-digit midget could be considered more speculative due to the potentially large fluctuation in price levels. New stock issues that are single-digit midgets could also be considered more speculative because they are subject to limited listing requirements, along with fewer filing and regulatory standards, due to their smaller market capitalization.


Investment dictionary. . 2012.

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