The phrase expresses a high level of stress or fear leading to hasty actions. The sudden market drop panicked investors into selling their stocks.
Pro Tip 2/3
Negative Implication
'Panic into doing' often suggests the decision or action may not be well-thought-out. She panicked into leaving the meeting, later realizing it was a mistake.
Pro Tip 3/3
Urgency Connotation
Suggests someone felt an urgent need to act immediately due to alarm or fear. The fire alarm panicked him into running out without his belongings.