price spiraling

[shahar]

Coinbase's fumbled start in India, a largely untapped market for crypto, was emblematic of failures that ave unsettled employees and sent the company's stock price spiraling. In June, Coinbase laid off 18 percent of its staff.
From the old report in New York Times in the link:

https://www.nytimes.com/2022/08/05/business/coinbase-crypto.html

[Maybe there is a need to register to open the article].
What is sent the company's stock price spiraling?
What is spiraling meaning?

 

[logistic_guy]

What is spiraling meaning?

\(\displaystyle \textcolor{indigo}{\bold{spiraling}} \longrightarrow \bold{falling \ quickly \ and \ out \ of \ control}\)

 

[Dr.Peterson]

https://dictionary.cambridge.org/us/dictionary/english/spiral

spiral​

verb [ I usually + adv/prep ]​

us /ˈspaɪr.əl/ uk /ˈspaɪə.rəl/
-ll- or US usually -l-​

to move in a spiral:​

With one wing damaged, the model airplane spiraled downward.​

If costs, prices, etc. spiral, they increase faster and faster:​

Spiraling costs have squeezed profits.​

​

spiral downward mainly US (UK usually spiral downwards)
(of prices, etc.) to become less, at a faster and faster rate:​

Employees were demanding higher wages at a time when productivity was spiraling downward.​

If a situation spirals, it quickly gets worse in a way that becomes more and more difficult to control:​

spiral out of control Violence in the country is threatening to spiral out of control.​

spiral into The housing slump has spiraled into a credit crisis.​

If a person spirals, their mental health becomes worse. :​

He has learned to recognize when he is spiraling.​

spiral into She spiraled into depression after the death of her brother.​

As you can see, like any word the meaning can vary, but in this context, it appears to mean that the prices are decreasing. (It could also mean increasing!)

 

[shahar]

https://dictionary.cambridge.org/us/dictionary/english/spiral

spiral​

verb [ I usually + adv/prep ]​

us /ˈspaɪr.əl/ uk /ˈspaɪə.rəl/​

-ll- or US usually -l-​

to move in a spiral:​

With one wing damaged, the model airplane spiraled downward.​

If costs, prices, etc. spiral, they increase faster and faster:​

Spiraling costs have squeezed profits.​

​

spiral downward mainly US (UK usually spiral downwards)​

(of prices, etc.) to become less, at a faster and faster rate:​

Employees were demanding higher wages at a time when productivity was spiraling downward.​

​

Thanks.

 

[khansaheb]

Coinbase's fumbled start in India, a largely untapped market for crypto, was emblematic of failures that ave unsettled employees and sent the company's stock price spiraling. In June, Coinbase laid off 18 percent of its staff.
From the old report in New York Times in the link:

https://www.nytimes.com/2022/08/05/business/coinbase-crypto.html

[Maybe there is a need to register to open the article].
What is sent the company's stock price spiraling?
What is spiraling meaning?

In this case , spiral up or down is referring to an un controlled behavior. The section where spiral is used (in the article) is:

"and sent the company’s stock price spiraling. In June, Coinbase laid off 18 percent of its staff."​

Here it refers to a downward "uncontrolled" fall of price

 

[Metronome]

There may also be connotations of a reinforcing feedback loop, i.e., the price falls, which causes owners to sell out of fear or legal necessity (if they are managing certain classes of assets for others there are often regulations), which causes the price to fall even more, and so forth.

 

[The Highlander]

Coinbase's fumbled start in India, a largely untapped market for crypto, was emblematic of failures that ave unsettled employees and sent the company's stock price spiraling. In June, Coinbase laid off 18 percent of its staff.
From the old report in New York Times in the link:

https://www.nytimes.com/2022/08/05/business/coinbase-crypto.html

[Maybe there is a need to register to open the article].
What is sent the company's stock price spiraling?
What is spiraling meaning?

Some images (below) that might help you to visualize the concept of "spiralling downwards"...
(See also here and the first 10 seconds of this.)
Hope that helps.

​

 

[The Highlander]