What does pullback mean?
A pullback is a movement in a financial market where the price of a security falls, often due to a decrease in demand. It can also refer to a sudden or abrupt movement, such as a pullback in a physical object.
Example
"The stock market experienced a significant pullback after the company's earnings report was released."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.