plummet

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plum|met /pl'ʌmɪt/ (plummets plummeting plummeted)
1 [VERB] V, V to n, V from/to/by n
If an amount, rate, or price plummets, it decreases quickly by a large amount. (JOURNALISM)
In Tokyo share prices have plummeted for the sixth successive day...
The Prime Minister's popularity has plummeted to an all-time low in recent weeks...
The shares have plummeted from 130p to 2.25p in the past year.
= plunge
2 [VERB] V prep
If someone or something plummets, they fall very fast towards the ground, usually from a great height.
The jet burst into flames and plummeted to the ground...

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