hammering the market

hammering the market definition - business

hammering the market

The heavy selling of securities, which drives 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.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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