Over-the-Counter Stocks Lead in Quarterly Growth
Shapiro, Eben, THE JOURNAL RECORD
By Eben Shapiro N.Y. Times News Service NEW YORK _ During a quarter in which the large stock exchanges advanced only modestly, the over-the-counter market showed robust growth.
"The over-the-counter market led the way," said Laszlo Birinyi, the head of Birinyi Associates, the Wall Street research firm.
He said the over-the-counter market gained more than 10 percent in the third quarter, compared with gains of about 4 percent for the other exchanges and indexes. The Dow Jones industrial average gained slightly less than 4 percent for the period.
With billions of dollars pouring into the stock market, investors are growing increasingly frustrated by the …
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Publication information: Article title: Over-the-Counter Stocks Lead in Quarterly Growth. Contributors: Shapiro, Eben - Author. Newspaper title: THE JOURNAL RECORD. Publication date: October 1, 1991. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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