Benzinga's Top Pre-Market Losers
Research In Motion Ltd (NASDAQ: RIMM) shares dropped 16.65% to $7.61 in pre-market trading. Research In Motion posted a loss in its first fiscal quarter. The company also announced its plans to cut 5,000 jobs and delay the launch of its BlackBerry 10 mobile operating system.
Nike (NYSE: NKE) dipped 12.27% to $85.00 in the pre-market session. Nike reported an 8% drop in its fiscal fourth-quarter profit.
Ford Motor Co (NYSE: F) shares fell 1.68% to $9.92 in the pre-market trading. Ford expects wider international losses in the second quarter.
Vodafone Group Plc (NASDAQ: VOD) dipped 0.89% to $27.96 in the pre-market session. Analysts at Jefferies downgraded Vodafone from “buy” to “hold.”
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