Horizon Bank has been seeing quite a bit of activity the past two days. As of 9:30 a.m. Wednesday morning, Horizon’s stock jumped 31 cents on the day, rising to $1.16 a share. The bank’s stock had sunk to around 60 cents a share after a poor quarterly report earlier this year.
There hasn’t been any formal announcements from Horizon as of this morning that might prompt the rise. Any thoughts?