The phrase 'plummets on' is an acceptable phrase in English.
It is typically used to describe a sudden or rapid fall in a quantity, such as a price, stock price, or temperature. For example, "The stock price plummeted on news of the company's scandal."
Each year in New York City, public school attendance plummets on Halloween.
The good news is that the vast majority of street-facing cash machines will remain open, but the truth is that usage plummets on the day.
Most Significant Recent Headline: I2 Stock Plummets On Dismal Third-Quarter Result.
Earlier headlines Microsoft Concedes To SEC Accounting Wishes Smucker Swallows Jif, Crisco; Reiterates Outlook WTO Says Panel To Judge U.S. Steel Sanctions Iraq To U.N.: You're Scaring The Customers KPNQwest Plummets On Bankruptcy GM To Buy 34% Of China Mini-Van Maker USA Interactive Bids $4.5B To Buy Out Subsids USDA To Assist Farmland After Bankruptcy Filing.
Obama Exits The Stage And Trump Plummets On It.
There is no need to feel blindsided when a trading account or portfolio plummets on bad news and no need to pile on risk in the hope of making a comeback.
Shares in major banks plummeted on Friday amid concern that JPMorgan Chase's $2 billion trading loss may portend problems at other institutions.
Last week, shares of British banks plummeted on renewed fears that banks worldwide would be hit with larger write-downs, and face the possibility of nationalization.
News of this has most likely been one of the causes for enrollment to plummet on Globe campuses.
Their popularity has plummeted on widespread perception they abandoned several key campaign pledges such as one to scrap tuition fees for students.
Stocks plummeted on Wednesday, and despite a rebound on Thursday and Friday, the big one-day slide propelled the major market averages to hefty losses for the week.
