Benzinga's Top #PreMarket Losers

VIVUS

shares fell 12.44% to $5.91 in the pre-market trading after the company reported Q4 results. JP Morgan downgraded the stock from Overweight to Neutral and cut the price target from $15.00 to $8.00. Avalonbay Communities

dipped 5.15% to $122.56 after gaining 0.44% on Monday. Apollo Investment

shares dropped 5.14% to $8.68 in pre-market trading after the company announced a public offering of 12 million shares of common stock. RF Micro Devices

dipped 3.27% to $6.80 in the pre-market session after Canaccord Genuity downgraded the stock from Buy to Hold.