Biostar Pharmaceuticals BSPM plummeted 18.50% to $2.42 after the company announced the execution of agreement for $4.1 million registered direct offering of shares of common stock and warrants.
NewLead Holdings NEWL dropped 8.29% to $3.87 after the company announced the placement of $25.0 million perpetual preferred equity.
Elecsys ESYS dropped 6.60% to $14.15 on Q3 results. Elecsys posted its quarterly net income of $569,000, or $0.14 per share.
Walter Energy WLT shares declined 6.41% to $9.78 after the company commenced process to amend credit facility.
Cliffs Natural Resources CLF dropped 6.27% to $17.48 after the company confirmed the receipt of director nominations by Casablanca Capital. Axiom initiated coverage on the stock with a Sell rating and a $10.00 price target.
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