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

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.
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.
References in periodicals archive ?
Our initial opinion is that while there is an on-premises outage, the language regarding power surges in the exclusion may eliminate coverage for this loss.
In addition to the nature and extent of damage, the type and design of the damaged component can tell a great deal about the source of a power surge if the inspection is performed by a qualified person.
"Ambulances were diverted to Monklands and Hairmyres in East Kilbride but then Monklands was hit by a similar power surge which blacked out their A&E unit.
Securing buildings from disasters associated with power surges may require bottom-line terms based on real-life consequences, as follows:
A large power surge or spike can have more serious consequences.
"Two modular jacks in the rear of the power control center help safeguard modems and data lines from power surges and spikes," says Michael Einstein, Intermatic's marketing manager for Home Protection and Control Products.
Sue Morton: "You would think the end of civilization had arrived, it's not the fault of Metro, it was a power surge, not old cabs, old lines or old anything else.
The train was stuck between Monument and Central stations when the power surge struck.
She said: "A power surge had caused the appliances to overhear and sustain damage.
A MASSIVE power surge was sparked last night at the end of a nail-biting Coronation Street double bill.
Each year, insurance companies are confronted by an onslaught of claims involving electronic equipment suspected of being damaged by some type of a power surge. Because a surge often leaves no telltale marks and surge damages can vary from loss to loss, equipment damaged by age, normal wear and tear, or improper use often gets mixed into some claims.
FAMILIES who lost their possessions in a massive power surge last night finally won a fair deal.