Stock Alert: KemPharm Up 6%

KemPharm, Inc. (KMPH) shares are rising more than 5 percent on Wednesday morning trade. There were no specific announcements from the company to influence the stock movement.

Currently, the shares are at $9.18, up 6.13 percent from the previous close of $8.65. For the 52-week period, the shares have traded in a range of $1.94-$22.08 on average volume of 4,389,496.

On April 9, the specialty pharmaceutical company had amended its collaboration and licensing agreement with an affiliate of Gurnet Point Capital.

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