Benzinga's Top #PreMarket Losers

MedAssets, Inc.MDAS shares dropped 16.79% to $16.50 in pre-market trading after the company reported Q4 adjusted earnings of $0.39 per share on revenue of $198.2 million and issued a weak FY earnings outlook. Fossil Group, Inc. FOSL shares declined 14.22% to $85.20 in pre-market trading after the company reported weaker-than-expected earnings for the fourth quarter. Garmin Ltd. GRMN fell 4.95% to $54.00 in pre-market trading after the company reported weaker-than-expected earnings for the fourth quarter and issued a downbeat 2015 forecast. Transocean Ltd. RIG shares fell 3.94% to $18.30 in pre-market trading. BMO Capital initiated coverage on Transocean with a Underperform rating and a $16.00 price target. Hilton Worldwide Holdings Inc.HLT shares dropped 1.22% to $28.30 in pre-market after the company reported weaker-than-expected earnings for the fourth quarter.