high flyer

high flyer definition - business

high flyer

A heavily traded stock that sells at a high price-earnings ratio. High flyers go through a period of rapidly rising prices when something about the firms or the industries in which they operate catches the investing public's fancy.

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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