Dead Cat Bounce: 3 Stocks to Sell Before They Plunge Again
Accelerate Diagnostics(AXDX) Investor Place·2024-06-13 16:05
A dead cat bounce is when a falling stock sees a short-term recovery, but is ultimately likely to head lower. It comes from the idea that “even a dead cat will bounce if it falls from a great height.” The stock market does not move in a straight line, and there are many ups and downs whichever way a stock moves. Thus, investors would be best served understanding which stocks are more akin to dead cats than recovery bids, particularly in this market.Many stocks with horrible fundamentals could plunge much fu ...