free fall

Noun
  1. a sudden sharp decrease in some quantity
    • a drop of 57 points on the Dow Jones index
    • there was a drop in pressure in the pulmonary artery
    • a dip in prices
    • when that became known the price of their stock went into free fall
  2. the ideal falling motion of something subject only to a gravitational field

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free fall
The stock price went into free fall after the news.