Morning Market Movers

Tower Financial TOFC moved up 46.55% to $22.95. Old National ONB announced its plans to acquire Tower Financial through stock and cash merger. Oxygen Biotherapeutics OXBT jumped 24.03% to $1.60 after the company reported that it has been issued U.S. Patent for Dermatologic Indications. NanoString Technologies NSTG rose 22.44% to $9.33 after the company received 510(k) clearance from the FDA for its Prosigna™ Breast Cancer Prognostic Gene Signature Assay. Prospect Global Resources PGRX shares jumped 21.10% to $5.2680. Prospect Global Resources shares have dropped 96.59% over the past 52 weeks, while the S&P 500 index has gained 16.98% in the same period.