Morning Market Movers

Ampio Pharmaceuticals Inc AMPE shares advanced 48.13% to $3.97 at 9:45 am. AMPE reported positive preliminary update on the optina clinical trial to treat diabetic macular edema. Kensey Nash Corporation KNSY surged 15.86% to $28.49. KNSY and St. Jude Medical Inc STJ settled a royalty-related dispute. AboveNet Inc ABVT climbed 13.35% to $84.16. Zayo Group LLC agreed to acquire AboveNet for around $2.2 billion in cash. Cresud S.A.C.I.F. y A. CRESY surged 11.69% to $13.09. CRESY has a dividend yield of 2.40%.