air pocket stock(redirected from Air Pocket Stocks)
Air pocket stock
A stock whose price drops precipitously, often on the unexpected news of poor results.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Air Pocket Stock
A stock that undergoes a sudden drop in price, normally as the result of bad news. For example, if a publicly-traded company announces that its earnings will be slightly less than expected, its stock price's drop may be described as an air pocket. Most of the time, an air pocket is temporary and does not indicate a deeper problem. The term comes from an airplane's sudden drop in altitude when it hits an air pocket.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
air pocket stock
An equity security that falls sharply in price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.