Get hit

Definition:

Go lower in price, when bids in the stock or market are hit, causing those bids to vanish and be replaced by lower ones. Come in. Antithesis of on the take.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Heavy

An equities market now dominated by sellers, or oversupply, resulting in falling prices. See: Overbought, resistance level, tired.

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