In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock. Derived from the idea that "even a dead cat will bounce if it falls from a great height", the phrase, which originated on Wall Street, is also popularly applied to any case where a subject experiences a brief resurgence during or following a severe decline.
Read more about Dead Cat Bounce: History, Variations and Usage
Famous quotes containing the words dead, cat and/or bounce:
“The blood we give the dead to drink
is deeds we do at the will of the dead spirits in us,
not our own live will.”
—Denise Levertov (b. 1923)
“There was a crooked man, and he went a crooked mile,
He found a crooked sixpence against a crooked stile:
He bought a crooked cat which caught a crooked mouse,
And they all lived together in a little crooked house.”
—Mother Goose (fl. 17th–18th century. There was a crooked man, and he went a crooked mile (l. 1–4)
“Trade and commerce, if they were not made of India-rubber, would never manage to bounce over the obstacles which legislators are continually putting in their way; and, if one were to judge these men wholly by the effects of their actions and not partly by their intentions, they would deserve to be classed and punished with those mischievous persons who put obstructions on the railroads.”
—Henry David Thoreau (1817–1862)