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In other words, its value has been cut in half in less than four months.
Since enjoying the initial thrill of seeing its larger, richer competitor fail, Dynegy has seen a reversal of its own fortunes its stock value has been cut roughly in half, Moody's Investor Services downgraded its debt to the lowest investment rating and the company announced a $1.25 billion restructuring plan to reassure investors.
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By the time their shares were offered for sale, the value had been cut by more than half.
The stock peaked on its first day of trading, however; by mid-January, its value had been cut almost in half.
If a fund's investors reinvest dividends automatically, as many do, they could have a tax bill from a fund with a value that has been cut in half.
Mr. Heesakker says the value of his property has been cut in half in the last three years.
Since June 1 of last year, CIT's stock has lost 93.9% of its value, while its dividend has been cut by 60.0%.
According to the analysts at Art Market Research, the value of European Impressionist paintings has been cut in half since the market for them peaked, in 1990.
In the last year, though, the value of Mr. Bruggemeyer's technology fund has been cut in half, and his holdings in a diversified stock fund have fallen more than 12percentt.
He has been cut.
That means the premium on SolarCity's value has been instantly cut much smaller in after-hours.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com