Benzinga’s Top Pre-Market Losers (RAD, VOD, MMM, STZ, TSRA, CENX)
January 07, 2010 9:48 AM
Rite Aid Corporation (NYSE: RAD) tumbled 3.01% to $1.61 in the pre-market session after J. P. Morgan downgraded Rite Aid Corporation from Overweight to Neutral. The 52-week trading range for RAD is $0.20 - $2.35. RAD has surged over 23% in the last six months.
Vodafone Group Plc (ADR) (NASDAQ: VOD) plunged 2.63% to $22.24 in the pre-market. The 52-week trading range for VOD is $15.46 - $24.04. Yesterday, Vodafone Group closed at $22.84. In the last six months, VOD has gained over 20%.
3M Company (NYSE: MMM) declined 1.08% to $82.77 after J. P. Morgan downgraded 3M Company from Overweight to Neutral and reduced MMM’s price target from $79 to $75. MMM has made a new 52-week high at $84.60 in the previous trading session. In the last three months, MMM has gained over 13%.
Constellation Brands, Inc. (NYSE: STZ) decreased 0.81% to $16 after Constellation Brands reported today a third quarter net income of $120 million, or $0.20 a share, as compared to $83.5 million, or $0.39 a share, a year ago. Constellation Brands closed at $16.13 in the last trading session. STZ has gained over 17% in the last six months.
Tessera Technologies, Inc. (NASDAQ: TSRA) decreased $2.74 or 11.71% to $20.65. Yesterday, Tessera announced a fourth quarter preliminary total revenues of around $56 million versus the previously expected fourth quarter revenue guidance of $60 million to $62 million. The 52-week trading range for TSRA is $10.13 - $32.17.
Century Aluminum Company (NASDAQ: CENX) declined 1.96% to $17.04 in the pre-market session. CENX made a new 52-week high at $17.48 in the last trading session. CENX closed at $17.38 yesterday. In the last year, CENX has climbed up 48%.
