Benzinga’s Top Pre-Market NASDAQ Losers (TNAV, APKT, CSTR, TLAB)
Posted in: Earnings, News, Guidance, Short Ideas, Pre-Market Outlook, Intraday Update, Markets, Trading Ideas
TeleNav Inc (NASDAQ: TNAV) dipped 22.90% to $6.87 in the pre-market session. TNAV’s Q4 results fell short of expectations.
Acme Packet Inc (NASDAQ: APKT) lost 13.55% to $28 in the pre-market session. APKT has issued weaker-than-expected revenue projections for 2010.
Coinstar Inc (NASDAQ: CSTR) fell 9.54% to $43.50 in the pre-market session. CSTR has lowered its revenue projections for the full year.
Tellabs Inc (NASDAQ: TLAB) slipped 3.25% to $7.15 in pre-market trading. HiBeam Internet & Voice has selected Tellabs SmartCore™ 9100 platform for the WiMAX network.
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