Catalina shifts stock to NYSE. (Catalina Lighting; to New York Stock Exchange from American Stock Exchange) (Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, January, 1995
Citing "undervalued" stock, Miami-based Catalina Lighting transferred its common stock to the New York Stock Exchange from the American Stock Exchange. The move was made to "enhance the visibility of the company within the global investment community," said chairman, president and CEO Robert Hersh.
The firm Spear, Leeds & Kellogg will serve as the NYSE specialist in Catalina shares, traded under the ticker symbol "LTG." Catalina's combined sales are expected to exceed $200 million this fiscal year.
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