Market Overview

Benzinga's Top Pre-Market Losers

Related BBRY
UPDATE: Credit Suisse Downgrades BlackBerry Ltd
BlackBerry Ltd Price Target Raised At Deutsche Bank
Tech Rewind: BlackBerry Claws Back Lost Ground (Fox Business)
Related JCP
Morgan Stanley Sees Further Downside Risk For J C Penney Company Inc
Credit Suisse: J C Penney Company Inc Stock Offer May Be 'On Horizon'
Ever Wonder Why Ron Johnson Left Apple for J.C. Penney? (Fox Business)

BlackBerry (NASDAQ: BBRY) dipped 5.21% to $8.27 in the pre-market session. RBC Capital downgraded the stock from “sector perform” to “underperform.” On Friday, the company issued weak second-quarter outlook and announced its plans to lower 4,500 jobs

J. C. Penney Company (NYSE: JCP) shares fell 3.01% to $12.57 in the pre-market trading. JC Penney is in talks to raise more money, Bloomberg reported.

Citigroup (NYSE: C) shares dropped 2.27% to $50.05 in pre-market trading. Citigroup suffered a significant fall in its trading revenue, according to a report in the Financial Times.

Official Payments Holdings (NASDAQ: OPAY) dipped 1.53% to $8.37 in the pre-market session after the company agreed to be bought by ACI Worldwide (NASDAQ: ACIW) for $8.35 per share in cash.

Posted-In: Top Pre-Market LosersNews Movers & Shakers Pre-Market Outlook Markets

 

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