Small Cap Losers: Ring Energy (NYSEMKT:REI), AeroVironment (NASDAQ:AVAV), Acorda Therapeutics (NASDAQ:ACOR), Mechel OAO (ADR) (NYSE:MTL), Castlight Health (NYSE:CSLT)

Ring Energy (NYSEMKT:REI) announced it has entered into a definitive agreement with a group of institutional investors to issue 2,000,000 restricted shares of the Company’s common stock at a price of $15.00 per share for approximately $30 million in gross proceeds. The private offering is expected to close on or about June 17th, 2014, subject to customary closing conditions. Ring Energy Inc. (NYSEMKT:REI) net profit margin is 11.30% and weekly performance is -6.35%. On last trading day company shares ended up $17.40. Analysts mean target price for the company is $22.50. Ring Energy Inc. (NYSEMKT:REI) distance from 50-day simple moving average (SMA50) is -5.16%.

AeroVironment Inc. (NASDAQ:AVAV) announced that BP Exploration (Alaska) Inc., selected the company to provide mapping. AeroVironment, Inc. (NASDAQ:AVAV) shares fell -5.24% in last trading session and ended the day on $32.93. AVAV gross Margin is 35.00% and its return on assets is 1.40%.AeroVironment, Inc. (NASDAQ:AVAV) quarterly performance is -14.91%.

Acorda Therapeutics Inc. (NASDAQ:ACOR) dropped 9% after the biotech specialist in multiple sclerosis, spinal cord injuries, and other nervous-system disorders said it would offer convertible notes to raise capital. Acorda said that it would raise $300 million by issuing seven-year convertible senior notes. Acorda Therapeutics Inc. (NASDAQ:ACOR) shares moved down -8.96% in last trading session and was closed at $32.12, while trading in range of $31.65 – $34.56. Acorda Therapeutics Inc. (NASDAQ:ACOR) year to date (YTD) performance is 10.00%.

Mechel OAO(ADR) (NYSE:MTL) one of the leading Russian mining and metals companies, reports consolidating shipments of the Group’s products within its subsidiary Mecheltrans. This will enable the company to cut overall transport costs, improve the logistics of shipments both by its own and outsourced wagons. This will create additional opportunities for increasing revenue from product sales for the Group’s enterprises. Mechel OAO (ADR) (NYSE:MTL) ended the last trading day at $2.17. Company weekly volatility is calculated as 9.73% and price to cash ratio as 2.47.Mechel OAO (ADR) (NYSE:MTL) showed a positive weekly performance of 2.36%.

Castlight Health®, Inc. (NYSE:CSLT), a pioneer of the Enterprise Healthcare Cloud, announced the availability of a replay of sessions from the Castlight Enterprise Healthcare Cloud Summit, the company’s inaugural conference which took place June 10, 2014 in New York City. Castlight Health Inc. (NYSE:CSLT) weekly performance is -5.04%. On last trading day company shares ended up $16.01. Analysts mean target price for the company is $16.25. Castlight Health Inc. (NYSE:CSLT) distance from 50-day simple moving average (SMA50) is 0.11%.