spike

spike definition - business

spike

A sudden, short-term change in the price of something that just as suddenly returns close to its previous level. For example, a stock that has consistently traded in a $10- to $12-per-share range may suddenly move to a price of $14 and then return to $12. The sudden rise to the $14 price is a spike.

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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