Benzinga’s Top Pre-Market Losers (CPTS, BIDU, MSG, BGFV)

Conceptus Inc (NASDAQ: CPTS) dipped 24% to $12 in the pre-market session. CPTS has narrowed its Q2 and FY10 guidance due to strength in the US dollar.

Baidu Inc (NASDAQ: BIDU) lost 5.58% to $68.39 in the pre-market session. BIDU dropped after Beijing renewed the license, which allows Google Inc (NASDAQ: GOOG) to continue to operate a website in China.

Madison Square Garden Inc (NASDAQ: MSG) fell 3.63% to $19.64 in the pre-market session. MSG was also among the list of top pre-market losers yesterday.

Big 5 Sporting Goods Corporation (NASDAQ: BGFV) slipped 2.91% to $11.66 in pre-market trading. BGFV has reduced its Q2 earnings guidance due to slow economic recovery and cold weather at the West Coast.

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