TAKE A BATH
To "take a bath " on an investment means to suffer a very large loss. It is a slang for an investor whose shares value have declined substantially over a period of time. One may decide to take a bath on ones entire portfolio or one of the eggs 🥚 in ones basket to stop the loss/losses.
Stock-specific news such as company's earnings missing the target of the analysts, unexpected profit warnings etc may result in an investor taking a significant loss. A prolonged bear market may also cause an investor to take a bath on his/her portfolio.
Have you ever taken a bath in this market?
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