Benzinga's Top #PreMarket Losers

shares fell 7.83 percent to $65.55 in pre-market trading after the company reported weaker-than-expected earnings for the first quarter. Analysts at Deutsche Bank downgraded SanDisk from Buy to Hold and lowered the price target from $80 to $65.

shares declined 6.38 percent to $86.50 in pre-market trading after the company reported the receipt of a subpoena from the U.S. Department of Justice.

slipped 6.04 percent to $9.33 in pre-market trading after the company announced an offering of 12,800,000 common units.

fell 5.24 percent to $12.30 in pre-market trading after gaining 4.68 percent on Wednesday.

shares dropped 4.27 percent to $47.95 in pre-market after the company reported that it proposed a $300 million offering of senior notes due 2023.