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What does "cap hit" mean?

2006-09-08 02:57:39 · 1 answers · asked by Tony 1 in Education & Reference ➔ Homework Help

1 answers

If you are referring to the market capitalization value of a corporation, or the "cap", a cap hit is a loss of stock value due to some event.

2006-09-08 05:19:45 · answer #1 · answered by odu83 7 · 0⤊ 0⤋

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