Get hit

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
"Yes, we all got hit 'cep' de blon' twin en de doctor en de seconds.
"When I first got hit, I knew it was on the meat, where the muscle is, so I was feeling OK," Arenado said.
"Warren in particular is blinded from the batsman for a split second during his follow through and so we wanted to make sure that he was protected from the ball if got hit straight back at him".
"He got hit and he was like 'I'm going to carry on fighting you'.
"Last night at around 11 or 12 the elephants got hit by a train.