Benzinga's Top Pre-Market Losers
AudioCodes (NASDAQ: AUDC) shares dropped 6.03% to $5.92 in pre-market trading. AudioCodes's PEG ratio is 4.07.
Perion Network (NASDAQ: PERI) shares fell 3.07% to $10.12 in the pre-market trading. Perion's trailing-twelve-month profit margin is 6.72%.
J C Penney Company (NYSE: JCP) dipped 2.77% to $12.98 in the pre-market session after hedge fund manager William Ackman announced his plans to sell his entire stake, or 39 million shares, of the company.
Mellanox Technologies (NASDAQ: MLNX) dipped 2.63% to $39.17 in the pre-market session. Mellanox shares have dropped 65.29% over the past 52 weeks, while the S&P 500 index has gained 17.9456 in the same period.
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