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Second-Tier Stock

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Second-Tier Stock
A stock investors favor less than others. This results in the price of a second-tier stock being lower, sometimes significantly so. This may occur for a number of reasons: for example, the stock may have lower market capitalization. Alternatively, it may simply trade on a less prestigious exchange. The specific stocks in a second-tier change as investors' expectations change. See also: Tiered market, Two-tier market.

second-tier stock


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But second-tier stock Bradford & Bingley, which announced plans to cut 370 jobs yesterday, fell amid concerns over rising interbank lending rates and fears it will not attract a buyer.
Second-tier stocks were helped by takeover interest.
Other companies have followed these heavyweights upward, and the majority of second-tier stocks have either posted new or three to four year highs.
 
 
 
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