noun
sympathetic rise; coattail rally
Finance term for a stock price rising because other stocks in the same sector or market are rising, not necessarily due to its own fundamentals.
今日の連れ高は、同業他社の好決算がきっかけだった。
Today's sympathetic rise was triggered by strong earnings from other companies in the same industry.
この銘柄の上昇は実力ではなく、単なる連れ高に過ぎない。
This stock's rise is not based on its own strength but is merely a coattail rally.