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      • Native Language:
      • Ukrainian
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      • Ukraine
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    • Join Date: Apr 2010
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    #1

    To be blamed on

    Please explain the meaning of can be blamed on the market in the sentence below



    The poor year-to-date performance among U.S.-based companiesóso far this year, 63% of the 76 new listings are underwater, according to data tracker Dealogicócan be blamed primarily on the overall stock market, which itself has been sinking for the past two months.


    Thank you

  1. bhaisahab's Avatar
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      • British English
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      • England
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      • Ireland

    • Join Date: Apr 2008
    • Posts: 25,615
    #2

    Re: To be blamed on

    Quote Originally Posted by olegv View Post
    Please explain the meaning of can be blamed on the market in the sentence below



    The poor year-to-date performance among U.S.-based companiesóso far this year, 63% of the 76 new listings are underwater, according to data tracker Dealogicócan be blamed primarily on the overall stock market, which itself has been sinking for the past two months.


    Thank you
    "The main reason for the poor performance is the sinking stock market".

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