Benzinga's Top #PreMarket Losers

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Cisco Systems
CSCO
dipped 10.94% to $21.37 in the pre-market session after the company posted weaker-than-expected fiscal first-quarter revenue and issued a weak outlook. Cisco also increased its share buyback program by $15 billion. Deutsche Bank downgraded the stock from Buy to Hold. NetEase
NTES
shares dropped 10.68% to $62.00 in pre-market trading after the company posted its Q3 unaudited financial results. Deutsche Bank downgraded the stock from Buy to Hold. Kohl's
KSS
shares fell 9.39% to $52.79 in the pre-market trading after the company reported an 18% drop in its third-quarter profit and lowered its outlook. Align Technology
ALGN
dipped 4.92% to $55.51. Align shares have jumped 129.93% over the past 52 weeks, while the S&P 500 index has gained 31.68% in the same period.
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