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Benzinga's Top #PreMarket Losers

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Finisar (NASDAQ: FNSR) dipped 21.94% to $19.71 in pre-market trading after the company reported downbeat earnings for the fourth quarter and issued a weak profit forecast for the current quarter.

Sierra Wireless (NASDAQ: SWIR) dropped 4.62% to $19.18 in pre-market trading after falling 0.69% on Thursday.

Achillion Pharmaceuticals (NASDAQ: ACHN) shares fell 3.66% to $6.58 in pre-market trading after dropping 6.32% on Thursday.

Abraxas Petroleum (NASDAQ: AXAS) shares dropped 3.48% to $4.99 in pre-market trading after the company launched an offering of 10 million shares and lifted its FY14 production outlook to 5,800-6,000 Boepd.

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