Sell off

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Sell off

Sale of securities under pressure. See: Dumping.

Sell Off

The rapid sale of a security by a large number of holders. This increases the supply of the security available for sale and therefore drives down the price. Sell-offs occur for a number of reasons. A stock may drop suddenly in price if its company issues a negative earnings report, or if there are reports of a new technology rendering the company's product obsolete, or if the company's costs rise. Sell-offs also happen for other, perhaps less rational reasons. For example, a natural disaster, which may or may not affect supplies, can cause a sell-off. See also: Panic Sale.
References in periodicals archive ?
The French firm said that it has sold off its insurance brokerage Bluefin in a GBP295m deal.
Saudi Arabia has sold off $1.2 billion of its $9.2 billion holdings in European equities since May, Reuters reported.
Shelter, the housing and homelessness charity, has revealed that more than 3,700 homes in the region could be sold off to the private market due to Government proposals to fund the Right to Buy scheme.
So the Tories have sold off some RBS shares at a loss of PS1.1billion.
This is an increase of 37% on the 110 homes sold off in 2013-14 and is well ahead of the 9% increase across England.
Now George Osborne has sold off our stake in Eurostar for just PS757million.
Momentum names - typically high-growth companies mostly in the tech and biotech sectors that led 2013's rally - have sold off in recent weeks but appeared to stabilize earlier this week.
A report by Business Day states that the fixed assets of Hall Longmore, the last remaining company 'to be disposed of in Murray & Robert's Construction Products Africa unit of companies', were sold off at net book value.
Investors also sold off short-term bonds, sending the yield on the one-month Treasury note to 0.31 percent, its highest level since 2008, up from 0.15 percent Monday.
Between 1999-2010 under Tony Blair and Gordon Brown's tenure, under a Labour Government, 213 school fields were sold off.
Unable to provide even a square meal to her little girls, Purnima Halder sold off her daughters for a meagre sum of ` 185.
Unite regional officer Kevin Hepworth said: "This is a bombshell for those workers at Remploy factories that will be sold off. This is a cruel blow, hacking away at the retirement incomes of workers with disabilities."