Shake-outs financial definition of shake-outs
Shakeout (redirected from shake-outs)
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A reduction in the number of firms that operate in a particular industry. An example of a shakeout is the decline in the number of commercial banks in the United States. Shakeouts often occur after an industry has experienced a period of rapid growth in demand followed by overexpansion by manufacturers. Large, diversified companies able to survive a weak business climate tend to benefit from shakeouts.
References in periodicals archive
The group is one of the few remaining technology stocks in the Footsie, following shake-outs
which have seen former stock market darlings such as Marconi, Energis and Autonomy relegated.
like the recent one that knocked the FTSE-100 down to 1998 levels cause a lot of alarm, the lucky ones who qualify for share options could find their finances dramatically improved, said Yvonne Redfern, director of tax at law firm Martineau Johnson.
Markets on both sides of the Atlantic have experienced severe shake-outs
since early March and former wonder stocks such as investment group Durlacher have turned into dogs.