Dead Cat Bounce

  • The term "Dead Cat Bounce" is a financial term related to a temporary and rapid rise in a stock price after a steep or prolonged decline, followed by a continued downward trend. The term was used to describe the Dow Jones Industrial Average's rally on Tuesday, September 30, 2008, after a historic decline the day before.CNNMoney.com: Stocks on the rebound (September 30, 2008) DaveManuel.com: What is a "Dead Cat Bounce?"

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