Day Runner Trading Over the Counter Again

Day Runner Inc., a Fullerton maker of paper and computer-based daily organizers, said Friday that its stock started trading on the over-the-counter Bulletin Board, effective immediately. The stock previously traded on the Nasdaq national market system. Financially troubled Day Runner had tried to remain on Nasdaq by authorizing a 1-for-5 reverse split of its stock in April, a maneuver aimed at improving the stock value and complying with a listing requirement. Its stock price, however, has continued to fall since then, hitting a three-month low of $1 a share in May. It closed Friday at $1.13, down 50 cents a share.