Fibertower (FTWR) Continues Impressive Late-Week Run

May 31, 2011 9:16 AM EDT
Fibertower Corp. (Nasdaq: FTWR) shares are continuing an impressive run, which started late last week. After closing nearly 37 percent higher last Friday, and ending the week 90 percent stronger, the stock is up an additional 10.5 percent this morning.

As noted last Friday, the stock has made a strong move above the $1.00 mark. Shares are still about 67 percent below the $4.59 price level it was at the start of 2011.


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