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The phrase "also plunged" is correct and usable in written English.
It can be used to indicate that something has experienced a significant decrease or drop, often in a financial or metaphorical context.
Example: "The stock market also plunged after the announcement of the new economic policies."
Alternatives: "also dropped" or "also fell".
Exact(55)
Bond prices also plunged.
Commodity prices have also plunged.
Food prices have also plunged.
It also plunged them to 4-7.
Foreign currency reserves have also plunged.
Its murder rate has also plunged.
Other fiber optic stocks also plunged.
Regard for Modernist architecture also plunged around that time.
Sepracor's share price also plunged, falling $23.375, to $106.125.
It also plunged the Musgroves into a financial crisis.
He also plunged into the Los Angeles philanthropic world.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com