The stock market continued its lackluster performance and San Diego stocks, with few exceptions, participated in this trend with little movement in either direction, according to Irving Katz, director of research for Thomas Green/San Diego Securities.
Triton Group made a new high since its listing on the New York Stock Exchange, as it closed up $1.625 to $11.75.
The company announced in December that it was selling its Simplicity Pattern unit for $117.5 million. The company would realize a gain of $40 million or $3.66 per share on that deal. There has been no news from Triton since then, Katz said.
Beeba's Creations rebounded from its year's low of $6.75 last week, to gain $1.25 and close at $8.
Imperial Corp. of America gained $1.375 to $12.375 following news that MDC Holdings had increased its holdings to 8.9% of Imperial's outstanding shares. The company recently announced an increase in its cash dividend and earnings of $3.40 for the year, Katz said.