Fallen Angel

What Does Fallen Angel Mean?
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.

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

Related Terms

Angel Bond
Bond Rating
Correction
Cult Stock
Falling Knife
Investment Grade
Overstay
Value Stock
More Related Terms

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