Legal Definitions - rally

Definition: A rally is a sudden increase in the price or trading of a particular stock or market after a period of decline.

Example: After a long period of decline, the stock market experienced a rally, with many stocks increasing in value by over 10% in just one day.

Explanation: A rally is a positive change in the market that can occur after a period of decline. This sudden increase in price or trading can be caused by a variety of factors, such as positive news about a company or industry, or a change in economic conditions. The example illustrates how a rally can lead to significant gains for investors who are able to take advantage of the sudden increase in value.