Benzinga's Top #PreMarket Losers
Fairway Group Holdings (NASDAQ: FWM) shares dropped 19.16% to $9.24 in pre-market trading after the company reported Q3 results and announced the retirement of its CEO Herbert Ruetsch. Credit Suisse downgraded the stock from Outperform to Underperform and cut the price target from $18.00 to $8.00.
Echelon (NASDAQ: ELON) dipped 15.57% to $3.20 in the pre-market session after the company issued a downbeat Q1 forecast.
Home Inns & Hotels Management (NASDAQ: HMIN) shares fell 7.05% to $34.30 in the pre-market trading after surging 7.32% on Thursday.
LinkedIn (NYSE: LNKD) dipped 6.47% to $209.00 after the company issued a weak guidance. Bank of America cut the price target on LinkedIn from $240.00 to $232.00.
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