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Benzinga's Top Pre-Market Losers

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Apollo Education Beats on Q3 Earnings & Revenues, Ups Outlook - Analyst Blog
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UPDATE: Wunderlich Securities Downgrades Crosstex Energy on Limited Near-Term Yield Compression
UPDATE: RBC Capital Markets Upgrades Crosstex Energy on Positive Outlook

Apollo Group (NASDAQ: APOL) fell 7.35% to $19.40 in the pre-market session. Apollo Group lowered its operating profit outlook for 2013.

Crosstex Energy LP (NASDAQ: XTEX) shares dipped 5.58% to $14.88 in pre-market trading. Crosstex Energy commenced an underwritten public offering of 7,500,000 common units.

Sprint Nextel (NYSE: S) dropped 2.68% to $5.81 in the pre-market session. Dish Network (NASDAQ: DISH) trumped Sprint Nextel's $2.2 billion offer for Clearwire (NASDAQ: CLWR).

Ericsson (NASDAQ: ERIC) shares declined 1.70% to $9.83 in the pre-market trading. Ericsson's PEG ratio is 3.19.

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