Benzinga's Top #PreMarket Losers

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Yelp Inc YELP
shares fell 16.44 percent to $42.85 in pre-market trading after the company reported downbeat revenue for the first quarter and issued a weak sales forecast for the second quarter. Analysts at Bank of America downgraded Yelp from Buy to Neutral and lowered the price target from $65.00 to $55.00.
Harman International Industries Inc./DE/ HAR
fell 11.55 percent to $124.00 in pre-market trading. Harman reported Q3 GAAP earnings of $0.99 per share.
Inovio Pharmaceuticals Inc INO
slipped 9.85 percent to $8.88 in pre-market trading after the company announced a public offering of common stock.
Baidu Inc (ADR)BIDU
shares dropped 3.64 percent to $211.02 in pre-market after the company Q1 adjusted earnings of $1.22 per share on sales of $2.05 billion.
Celgene Corporation CELG
shares declined 2.27 percent to $110.63 in pre-market trading after the company reported downbeat Q1 sales.
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