Speculative stocks with short histories of sales, earnings, and dividend payments. Frequently noted during bull markets, analysts often observe that even the "cats and dogs" are experiencing upward movements.
A down tick occurs when a security is sold at a price lower than its most recent preceding sale price. This event is also referred to as a 'minus tick.'
The terms 'X' and 'XD' are symbols used in newspapers and financial reports to signify that a stock or bond is trading without its respective dividend or interest.
