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The smallest price of a stock over a given period of time, especially when the price has first been reached. That is, when a stock's prices have dipped below the previous record for a given period of time, analysts and reporters say that prices have reached "a new low." This is generally considered a bearish sign, especially when other indicators are also bearish.
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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.