AboveNet is Among Stocks Gapping up Monday

These stocks gapped up today and had open prices sharply higher than the previous trading day's close.

  • AboveNet, Inc. (NASDAQ:ABVT) opened at $84.28 after closing the previous trading session at $74.25, gapping up. Shares have risen 13.4%, trading at a volume of two million. Shares have been on on the rise over the past three months, climbing $13.88 (19.7%) from a price of $70.31 on February 16, 2012. The stock is trading 20.1% above its 50-day moving average and 24.1% above its 200-day moving average.
  • Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) closed the previous trading session at $11.72, gapping up to open at $13 today. Trading at a volume of 182,769, the stock price is up 12.4%. The stock has risen $1.67 (14.5%) over the last three months from a price of $11.50 on December 19, 2011. The stock has moved up across its 50-day moving average of $12.65 today.
  • Ampio Pharmaceuticals, Inc. (NASDAQ:AMPE) opened at $3.12 after closing the previous trading session at $2.68, gapping up. The stock price is up 44.4% with a volume of 504,096.
  • China Botanic Pharmaceutical Inc (NYSE:CBP) gapped up today, opening at 90 cents after closing the previous trading session at 75 cents. Shares have risen 13.3%, trading at a volume of 195,068. Share price rose over the last three months, now up 10 cents (13.3%) from 75 cents on December 19, 2011. The stock has moved up across its 50-day moving average of 83 cents today.