What does 'Dead cat bounce' mean?
In finance, if there is small, brief recovery in the price of a stock that has been going down, it is a dead cat bounce. It comes from the idea that even a dead cat will bounce if it falls far enough. It is noiw used for any case where something makes a short, slight recovery during a serious decline.
- Category: Animals
- Contributed By: Lynn Ridenour
Idioms similar to 'Dead cat bounce'
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