Eagle and Beagle for June 1

The Oklahoman’s Business Editor Don Mecoy takes a look at this week’s high performing and low performing stocks.
Oklahoman Published: May 31, 2014

Stocks

Eagle

If you see Mark Funke at the Downtown Rotary lunch on Tuesday, he’ll probably be smiling.

Mainly because Funke is an upbeat kind of guy, especially for a banker. But also because he is CEO of this week’s eagle, the best-performing state-based stock for the trading week that just ended.

Shares of Southwest Bancorp, parent of Bank SNB, gained 6.3 percent last week to close Friday at $17.20. In late April, Raymond James upgraded its rating of OKSB to “outperform” and put a $20 target price on the stock.

Last week, the stock closed a bit higher than it opened each of the four trading days (markets were closed Memorial Day), and the price is edging ever nearer to its 52-week high. Volume was nice, but not dramatic. Overall, a solid but not spectacular week — just like you might imagine a banker would prefer.

Oh, and if you see Mr. Funke, remind him that he only has a couple of hours left in his workday. Bankers just love that joke.

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by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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