NC Maker Boundless Moves to Amex.
Boundless Corp, the Hauppauge, New York-based maker of network
computers said last week that its common stock has made the leap from
the Nasdaq Small Cap Market to American Stock Exchange, where it will
now trade under the symbol BND. It's former ticker was BDLS.
Boundless says the Amex listing will increase the liquidity of its stock
help add to the overall visibility of the company among money managers,
traders, analysts and the rest of the financial community.
Last month, Boundless reported first-quarter net income up 2.7% at
$638,000 on revenue down 7.9% at $21.1m. The company, which is
transitioning its business to Windows-based thin clients from text
terminals, says thin client revenue rose 34% to $2.8m in the quarter.
Boundless shares closed down $0.25 at $5.75 on Friday, on volume of
roughly 19,000 shares.