Market Overview

Benzinga's Top Pre-Market Losers

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Pizza Inn Holdings (NASDAQ: PZZI) shares fell 19.63% to $2.58 in the pre-market trading. Pizza Inn's Q4 net income fell $0.5 million y/y to a loss of $0.1 million, versus a year-ago net income of $0.4 million.

Tesla Motors (NASDAQ: TSLA) dipped 7.60% to $28.33 in the pre-market session. Tesla cut its 2012 revenue forecast.

Paychex (NASDAQ: PAYX) shares dropped 5.32% to $32.55 in pre-market trading. Paychex reported a 3% rise in its first-quarter net income.

Red Hat (NYSE: RHT) dipped 3.55% to $55.50 in the pre-market session. Red Hat (NYSE: RHT) reported a weaker-than-expected second-quarter adjusted profit.

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