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Occidental trading surge seen as likely record
Occident al Petroleum stock spiked after a Russia business deal announcement. Between July 18 and 20 trading topped 1 million shares daily, peaking at 2.3 million on July 20 for $39.39 million. Traders call the period possibly a record due to massive small orders and 50 million shares outstanding.
MENTIONED IN THIS ARTICLE
Linda Rubey
NEW York
Occidental Petroleum Corp
Russia
New York Stock Exchange
Joe Romano
Wreszin, Prosser, Romano & Co
Romano
American Motors Corp
Allis-Chalmers
Occidental
Reeday
Soviet Union