Spotlight: Protection One Stock Starts Trading Today on NYSE
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Stock of Culver City-based Protection One, the nation’s second-largest residential security alarm company, officially begins trading today on the New York Stock Exchange. Protection One recently merged with the security operations of Western Resources, which now owns 84% of Protection One. Protection One’s market capitalization has grown from $55 million in 1994 to more than $1.3 billion. Protection One shares will trade under the ticker symbol POI.
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