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Benzinga's Top Pre-Market Losers

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Francesca's Holdings (NASDAQ: FRAN) dipped 4.91% to $34.30 in the pre-market session. Francesca's announced the retirement of its Chief Executive John De Meritt. The company's CEO will retire at the end of this year.

Finisar (NASDAQ: FNSR) dipped 3.40% to $13.06 in the pre-market session. Finisar posted a loss in the fiscal first quarter and issued downbeat earnings forecast for the current quarter.

FedEx (NYSE: FDX) shares fell 2.59% to $85.27 in the pre-market trading. FedEx lowered its profit forecast for the fiscal first quarter.

Cliffs Natural Resources (NYSE: CLF) moved down 2.43% to $32.86 in the pre-market session. Cliffs Natural Resources shares have dropped 52.34% over the past 52 weeks, while the S&P 500 index has gained 17.21% in the same period.

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