spike

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Spike

Order ticket that shows the stock, price, number of shares, type, and account of the order. Origin: Practice of placing the ticket on a metal spike upon execution or cancellation. Spike is also a sudden, drastic increase in a company's share price.

spike

A sudden, short-term change in the price of a security that just as suddenly returns close to its previous level. For example, a stock that has consistently traded in a $10 to $12 per share range may suddenly move to a price of $14 and then return to $12. The sudden rise to the $14 price is a spike.
References in periodicals archive ?
However, when power was restored, a power surge did damage insured property.
On the other hand, an artificially generated power surge typically is caused by an event that could either be inside or outside an insured's premises.
Securing buildings from disasters associated with power surges may require bottom-line terms based on real-life consequences, as follows:
Stephen McLean: "A power surge, a voltage spike, there should be some form of protection.
The 51-year-old added: "Everyone has been ringing their insurers up but for a power surge we'll be lucky to get anything.
The climbdown over the power surge in Kirkintilloch, near Glasgow, came as watchdog Energywatch also called on the power giants - who made pounds 380million profit last year - to pay up.
The much-publicised BBC1 episode caused a power surge across Britain, National Grid said.
When the power surge occurred all the details for the non-emergency transport needs for all the hospitals were wiped off our computer systems," said Mr Adrian Marsden, ambulance service acting distribution manager.
Currently, if your surge protector fails due to a power surge, it will still function as a power strip.
A Metro spokesman said there was a large power surge which hit the whole network.
CORONATION Street fans sparked a massive power surge across Britain as they made cups of tea at the end of nail-biting double bill.
In all the cases, the drivers claimed their buses crashed after having a sudden power surge.