What is Dead Cat Bounce?
🤖 LARRY'S TAKE
" It's Wall Street's polite way of saying, 'Even a plunge off a cliff can include a brief moment of hope, before splattering back into despair.' Because who doesn't love a good illusion? "
BORING DEFINITION
A dead cat bounce is a temporary recovery in the price of a declining stock or market, followed by a continuation of the downward trend.
REAL WORLD EXAMPLE
> After the shocking quarterly results, Company X's stock experienced a dead cat bounce, briefly rising before descending to new lows.
🔥 Today's Candidates for this Term (Top Losers)
Data delayed. Financial advice? No way.