Also found in: Financial.
1. A stock or bond in which a lengthy or complicated explanation or sales pitched is given to investors to persuade them to buy it. If some unproven, unheard-of company is trying to sell you story stocks, you should think twice before parting with your money.
2. A security that trades higher because of positive coverage in the press. I generally avoid buying story stocks, but some people can't help but let their emotions guide their investments.
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
n. shares in a company that are bought because of an appealing story about the company. I never buy a story stock. By the time I hear about it, it’s already gone up as much as it ever will.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.