The phrase "price rout" refers to a situation where the prices of a particular commodity or asset drop drastically in a short period of time. It means that the prices are falling rapidly and causing a significant decrease in value.
Sentences with «price rout»
Whereas many companies might have been able to extend their credit lines back in October, the extended oil price rout has added pressure onto firms who were already struggling. (cnbc.com)
Fundstrat's Tom Lee raised his price target on the digital currency the day of a massive price rout. (cnbc.com)
Strongest emerge fitter from price rout, but stragglers punished Output, hedging and revenues all... (carbontracker.org)