The financial definition for Selling on the good news:
A strategy of selling stock shortly after a company announces good news and the stock price rises. Investors believe that the price is as high as it can go and is on the brink of going down.
Similar Matches
Panic buying or selling
Panic buying or selling Rapid trading of trading or trading in high trading in anticipation of sharply rising or falling prices, usually after unexpected news is released.
Selling climax
Selling climax A sudden drop in security prices as sellers dump their holdings.
Selling concession
Selling concession The discount underwriters offer the selling group on securities in a new issue.