Benzinga's Top #PreMarket Losers - Altair Engineering (NASDAQ:ALTR)

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Mylan N.V. (NASDAQ: MYL) shares declined 4.67% to $58.75 in pre-market trading after the company announced the commencement of a 35 million share secondary offering of portion of Abbott's ordinary shares.

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Pan American Silver Corp. (NASDAQ: PAAS) shares dropped 2.52% to $8.90 in pre-market. Silver futures fell 2.51% to trade at $16.64 an ounce. Teva Pharmaceutical Industries Limited (NYSE: TEVA) shares fell 1.47% to $61.07 in pre-market trading. Teva announced its plans to acquire Auspex Pharmaceuticals (NASDAQ: ASPX) for $101 per share.

ARM Holdings plc (NASDAQ: ARMH) slipped 1.40% to $48.57 in pre-market trading after rising 2.40% on Friday. Intel Corporation (NASDAQ: INTC) fell 1.38% to $31.56 in pre-market trading. According to a report from the Wall Street Journal, Altera Corp (NASDAQ: ALTR) is in talks to be acquired by Intel.