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Benzinga's Top Pre-Market Losers

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Ascena Retail Group (NASDAQ: ASNA) dropped 8.94% to $16.50 in the pre-market session. Ascena Retail lowered its earnings forecast for the current fiscal year.

Tiffany & Co (NYSE: TIF) shares dipped 8.31% to $58.00 in pre-market trading. Tiffany reported a 4% rise in its net worldwide sales during the holiday season.

Molycorp (NYSE: MCP) fell 7.78% to $9.95 in the pre-market session. Molycorp expects lower-than-expected revenue for 2013.

Coach (NYSE: COH) shares declined 2.54% to $56.50 in the pre-market trading. Coach named Christine Putur as Executive Vice President and Chief Information Officer.

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