The Advocate: Louisiana stocks outperform Wall Street in 4Q, but fall short in 2023

Peter Ricchiuti, senior professor of practice and research director of Burkenroad Reports, was interviewed by the New Orleans Advocate for a story about how Louisiana public companies matched up with Wall Street in 2023.

“Financial firms were huge winners after an awful three quarters,” said Peter Ricchiuti, a finance professor at Tulane University who tracks regional stocks across the South through the university's Burkenroad Reports. “Their stocks had been pushed down so far because of the Silicon Valley Bank collapse and all of the interest rate increases.”

To read the story in its entirety, visit theadvocate.com:

https://www.theadvocate.com/baton_rouge/news/business/louisiana-stocks-outperform-wall-street-in-4q/article_d4a95f08-ae53-11ee-aaf8-57a2494c2183.html