Market Overview

Benzinga's Top #PreMarket Losers

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Urban Outfitters (NASDAQ: URBN) dipped 4.64% to $37.80 in the pre-market session after the company reported an 18% rise in its third-quarter profit.

Reynolds American (NYSE: RAI) dipped 3.72% to $50.51. Reynolds American's PEG ratio is 2.30.

Memorial Production Partners LP (NASDAQ: MEMP) shares fell 3.67% to $19.69 in the pre-market trading after the company announced secondary public offering of 7,061,294 common units.

Tesla Motors (NASDAQ: TSLA) shares dropped 3.03% to $117.90 in pre-market trading after National Highway Traffic Safety Administration opened formal investigation into safety of Tesla Model S.

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