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:
“Pervading my being:
my dead wife’s comb, in the room
as I tread on it.”
—Taniguchi Buson (1715–1783)
“You may say a cat uses good grammar. Well, a cat does—but you let a cat get excited once; you let a cat get to pulling fur with another cat on a shed, nights, and you’ll hear grammar that will give you the lockjaw. Ignorant people think it’s the noise which fighting cats make that is so aggravating, but it ain’t so; it’s the sickening grammar they use.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“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)