Avanir Pharmaceuticals
BioTech, Finance

Small Cap Losers: Avanir Pharmaceuticals Inc (NASDAQ:AVNR), Monster Worldwide (NYSE:MWW), Key Energy Services (NYSE:KEG), McEwen Mining (NYSE:MUX)

Shares of Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) soared 45.6% after the company announced that the U.S. District Court for the District of Delaware has ruled the patent infringement lawsuit against Par Pharmaceuticals, Inc. and Impax Laboratories, Inc. ( IPXL ) in its favor. Avanir Pharmaceuticals Inc (NASDAQ:AVNR) stock performance was -6.63% in last session and finished the day at $4.65. Traded volume was 11.68million shares in the last session and the average volume of the stock remained 2.41million shares. The beta of the stock remained 1.51. Avanir Pharmaceuticals Inc (NASDAQ:AVNR) insider ownership is 1.70%.

Monster Worldwide, Inc. (NYSE:MWW) today reported financial results for the first quarter ended March 31, 2014. Monster Worldwide, Inc. (NYSE:MWW) dropped -17.85 percent to $5.66 Thursday on volume of 8.96million shares. The intra-day range of the stock was $5.33 to $6.85. Monster Worldwide, Inc. (NYSE:MWW) has a market capitalization of $522.83million.

The Commerce Department also received word that Houston-based Key Energy Services Inc. (NYSE:KEG) will lay off half its workforce in Woodward, but had no information on the number of workers who would be affected, said Don Hackler, deputy director for the Commerce Department. Key Energy Services, Inc. (NYSE:KEG)’s stock on May 1, 2014 reported a decrease of -8.96% to the closing price of $9.14. Its fifty two weeks range is $5.61 -$10.52. The total market capitalization recorded $1.40billion. The overall volume in the last trading session was 8.37million shares. In its share capital, KEG has 153.49million outstanding shares.

McEwen Mining Inc (NYSE:MUX) announced its production results for the Q1 2014. Its total production for the Q1 was 32,146 gold-eq oz and was made up of 20,062 gold oz & 725,025 of silver oz. This represents the approximate rise of 14 percent in comparison to the Q1, 2013. On Thursday, shares of McEwen Mining Inc (NYSE:MUX) dropped -8.33% to close the day at $2.20. Company return on investment (ROI) is -7.90% and its monthly performance is recorded as -7.95%. McEwen Mining Inc (NYSE:MUX) quarterly revenue growth is -15.06%.