hammering the market


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Hammering the market

Heavy selling of stocks by speculators who think that the stock is overvalued and is about to drop.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Hammering the Market

Informal; in a stock market, selling in heavy volume. Hammering the market usually occurs upon unexpected bad news, such as a terrorist attack. Most companies try to price out bad news by leaking it gradually, so as to avoid this situation, but, obviously, this is not always possible.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

hammering the market

The heavy selling of securities, driving down prices. Unexpected bad news such as disclosure of corporate fraud, a terrorist attack, or the outbreak of armed hostilities can cause a hammering of the market.
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.