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Trader Definition – “Fallen Angel”

Posted: November 9, 2013 | Author: | Filed under: Terminology | Tags: , , |Leave a comment

Definition of ‘Fallen Angel’

1. A bond that was once investment grade but has since been reduced to junk bond status.

2. A stock that has fallen substantially from its all time highs.

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Investopedia explains ‘Fallen Angel’

There is a fine line between fallen angels that are value stocks and those that are headed straight towards bankruptcy.

SOURCE

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