Benzinga's Top #PreMarket Losers - Caesars Entertainment (NASDAQ:CZR)

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MannKind Corp. (NASDAQ: MNKD) shares dropped 7.83% to $6.12 in pre-market. Goldman Sachs downgraded MannKind from Neutral to Sell and lowered the price target from $6.00 to $3.00.

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Tarena International, Inc. (NASDAQ: TEDU) fell 6.17% to $10.80 in pre-market trading. Tarena International reported Q4 earnings of $0.15 per share on revenue of $27.8 million and issued a weak revenue outlook. Caesars Entertainment Corporation(NASDAQ: CZR) shares declined 4.81% to $10.49 in pre-market trading after the company reported fourth quarter financial results and missed expectations.

Micron Technology, Inc. (NASDAQ: MU) shares fell 2.69% to $30.40 in pre-market trading. Nomura downgraded Micron Technology from Buy to Neutral and lowered the price target from $40.00 to $30.00. Arena Pharmaceuticals, Inc.(NASDAQ: ARNA) shares dropped 1.87% to $4.20 in pre-market trading after the company reported downbeat financial results for the fourth quarter.