What does "get slammed" mean?
Hello everyone :)
I want to ask you something
what does "get slammed" mean?
For example
*Retail stocks get slammed
*Apple, Facebook, Amazon: Suddenly, Tech Stocks Are Getting Slammed
*Why Whole Foods Market stock is getting slammed
As far as I am concerned,
That might mean
'stocks are attacked and declined?'
or
stocks crashed into somthing and declined?
Please help me
Thanks you :)
Have a wonderful day☀
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Corrections · 4
0
What does "get slammed" mean?
Hello everyone :)I want to ask you something
what does "get slammed" mean?
Slam means a fast and violent hit. When a stock is slammed, the stock is hit hard and quickly. People can also "get slammed" with work or airports can "get slammed" with passengers due to many delays.
Anything fast, unexpected and overwhelming that happens is "getting slammed."
:)
For example
*Retail stocks get slammed
*Apple, Facebook, Amazon: Suddenly, Tech Stocks Are Getting Slammed
*Why Whole Foods Market stock is getting slammed
As far as I am concerned,
That might mean
'stocks are attacked and declined?' Yes!
or
stocks crashed into somthing and declined?
Please help me
Thanks you :)
Have a wonderful day☀
0
Hello? Hayden
I am very thankful to you
Now I understand what that expression means
Thank you so much
God bless you
0
In the context of the examples you gave, essentially what it means is that the companies are faced with a problem that is costing them lots of money. For example: Gas station companies stocks are getting slammed because of Hurricane Harvey. Meaning the stocks for gas stations have dropped severely due to Hurricane Harvey. I hope this helps ^-^
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