Benzinga's Top #PreMarket Losers

Keurig Green Mountain Inc GMCR fell 31.41 percent to $51.43 in pre-market trading. Keurig Green Mountain reported better-than-expected earnings for its fiscal third quarter, but the company's sales missed analysts' estimates. The company also issued a weak forecast. Keurig Green Mountain reported a $1 billion stock repurchase program and announced its plans to lower around 5 percent of its workforce. Tesla Motors Inc TSLA shares declined 7.63 percent to $249.51 in pre-market trading. Tesla reported narrower-than-expected adjusted loss for the second quarter on Wednesday, but the company cut its full-year delivery guidance. Twenty-First Century Fox Inc FOXA shares tumbled 5.08 percent to $30.30 in pre-market trading. Twenty-First Century Fox reported better-than-expected earnings for the fourth quarter, but the company's sales missed analysts' estimates. The company announced a $5 billion stock buyback program and lowered its profit outlook for year. Geron Corporation GERN shares dropped 2.99 percent to $3.90 in pre-market. Geron reported in-line loss for its second quarter, but the company's revenue missed analysts' expectations. Melco Crown Entertainment Ltd (ADR) MPEL shares fell 2.28 percent to $21.00 in pre-market trading. Melco Crown reported Q2 GAAP earnings of $0.05 per ADS on sales of $916.8 million.
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