Benzinga's Top #PreMarket Losers
King Digital Entertainment plc (NYSE: KING) fell 21.15% to $14.35 in pre-market trading after the company reported weak second-quarter revenue and cut its full-year forecast. Five analysts downgraded King Digital on Wednesday.
SeaWorld Entertainment (NYSE: SEAS) shares declined 20.07% to $22.50 in pre-market trading after the company reported downbeat second-quarter results and lowered its full-year forecast.
Cree (NASDAQ: CREE) shares slipped 9.86% to $44.35 in pre-market trading after the company issued a disappointing forecast for its fiscal first quarter and reported weak FQ4 revenue.
JDS Uniphase (NASDAQ: JDSU) dropped 5.29% to $11.28 in pre-market trading after the company issued a weak first-quarter forecast. Piper Jaffray downgraded JDS Uniphase from Overweight to Neutral and lowered the price target from $14.00 to $12.00.
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