Benzinga's Top #PreMarket Losers

Majesco Entertainment Co COOL fell 24.04% to $1.39 in pre-market trading after the company reported a wider-than-expected third-quarter loss. Majesco Entertainment also announced its plans to explore strategic alternatives for the company. Avanir Pharmaceuticals AVNR shares slipped 5.92% to $11.75 in pre-market trading after jumping 85.31% on Monday. Gilead Sciences GILD dropped 1.53% to $99.44 in pre-market trading after falling 2.58% on Monday. Alcoa AA shares dipped 0.85% to $16.25 in pre-market trading after the company reported a proposed public offering of 25 million in mandatory convertible preferred shares.