Stocks continue to trade flat in midday trading as investors look to towards the weekend. Economic news was slightly negative today as consumer confidence fell in February due to high energy prices. Bank of America (NYSE:BAC) is rallying again today and has nearly double since hitting a low of around $5 late last year.
Right now the Dow is up 2 points, the Nasdaq is up 2 points and the S&P 500 is up 2 points.
Towerstream Corporation (NASDAQ:TWER) is up nearly 9% in midday trading at $4.0301. TWER continues to trend higher after announcing fourth quarter results on Wednesday. Towerstream has traded 1.5 million shares so far today, well above its daily average of 411 thousand shares. The company has a market cap of 215.18 million. [Read more...]