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turnaround

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Turnaround
A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.

Notes:
A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company.

See also: Punter, Rally, Speculator
Turnaround
Securities bought and sold for settlement on the same day. Also describes a firm that has been performing poorly, but changes its financial course and improves its performance.
turnaround
1. The process of moving from a period of losses or low profitability into a more profitable stage. A turnaround may be triggered by a number of factors including a better use of assets or the development of new products and services.
2. A security that is in the process of reversing a declining price trend.
3. The purchase and sale of a security on the same day.
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