nosedive
= to plunge sharply or to experience a sudden and steep decline
The player’s performance nosedived after recovering from a serious knee injury.
After the announcement of the company's poor quarterly earnings, its stock price took a nosedive, alarming investors.
Her grades nosedived after she became overwhelmed with extracurricular activities and lost focus on her studies.
Some synonyms for "nosedive":
Plunge
Drop
Dive
Decline
Crash
Fall
Slump
Descend
Tumble
Plummet
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