Benzinga's Top #PreMarket Losers - Alcoa (NYSE:AA), Newmont (NYSE:NEM)

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Rockwell Medical, Inc. (NASDAQ: RMTI) shares dropped 5.64% to $10.20 in pre-market trading after the company reported the FDA approval of Triferic for iron replacement and maintenance of hemoglobin in hemodialysis patients.

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Newmont Mining Corporation (NYSE: NEM) shares declined 1.86% to $23.70 in pre-market trading after falling 0.58% on Friday. United Parcel Service, Inc.(NYSE: UPS) shares dropped 1.38% to $101.51 in pre-market trading. Barclays downgraded UPS from Overweight to Equal-weight and lowered the price target from $116.00 to $105.0

Yandex N.V.(NASDAQ: YNDX) fell 1.16% to $16.99 in pre-market trading after dropping 1.55% on Friday. Alcoa Inc. (NYSE: AA) shares fell 0.63% to $15.66 in pre-market trading after declining 1.75% on Friday.