Get hit

Get hit

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.

Get Hit

Informal; to decline in price or to lose on an investment. Stocks can get hit for any number of reasons, whether technical or fundamental.
References in classic literature ?
They begin by clodding him; and they laugh themselves to pieces to see him try to dodge one clod and get hit with another?
He already has been hit by more pitches than several entire leagues and is on pace to get hit 77 times this season, which would obliterate the minor-league record of 40 set by Rancho Cucamonga's Mike Campo in 2002.
You sign a million-dollar contract, play two games, get hit by a mad whale, then sit home for four months and watch your bones mend.