Benzinga's Top #PreMarket Losers

shares declined 20.90 percent to $8.25 in pre-market trading after the company reported downbeat quarterly results.

shares dipped 7.60 percent to $2.43 in pre-market trading after declining 8.36 percent on Monday.

shares fell 7.01 percent to $25.75 in pre-market trading after the company reported a 3 percent drop in its same-store sales for October. However, same-store sales for the third quarter declined 2 percent. The company also issued a weak earnings forecast for the third quarter.

shares tumbled 5.52 percent to $37.80 in pre-market trading after falling 5.05 percent on Monday

fell 3.13 percent to $43.38 in pre-market trading. Bank of America downgraded CyberArk Software from Buy to Neutral and lowered the price target from $80.00 to $48.00.