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.
