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
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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.


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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