Benzinga’s Top Pre-Market NASDAQ Losers (ARNA, GOLD, ITRN, RIMM)
Posted in: News, Guidance, Short Ideas, Dividends, Downgrades, Pre-Market Outlook, Intraday Update, Markets, Analyst Ratings, Trading Ideas
Arena Pharmaceuticals Inc (NASDAQ: ARNA) dipped 4.53% to $7.59 in the pre-market session. Analysts at JP Morgan downgraded ARNA to “neutral.”
Randgold Resources Limited (NASDAQ: GOLD) lost 1.07% to $88.92 in the pre-market session. GOLD has lowered its production guidance for Loulo gold mine in Mali.
Ituran Location and Control Ltd (NASDAQ: ITRN) fell 0.88% to $14.31 in the pre-market session. ITRN is among the top five companies in the Communications Equipment industry with the highest dividend yield of 10.9%.
Research In Motion Limited (NASDAQ: RIMM) slipped 0.05% to $57.50 in pre-market trading. The United Arab Emirates may block RIMM’s BlackBerry services in October.
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