Benzinga's Top Pre-Market Losers

Francesca's Holdings FRAN dipped 4.91% to $34.30 in the pre-market session. Francesca's announced the retirement of its Chief Executive John De Meritt. The company's CEO will retire at the end of this year. Finisar FNSR dipped 3.40% to $13.06 in the pre-market session. Finisar posted a loss in the fiscal first quarter and issued downbeat earnings forecast for the current quarter. FedEx FDX shares fell 2.59% to $85.27 in the pre-market trading. FedEx lowered its profit forecast for the fiscal first quarter. Cliffs Natural Resources CLF moved down 2.43% to $32.86 in the pre-market session. Cliffs Natural Resources shares have dropped 52.34% over the past 52 weeks, while the S&P 500 index has gained 17.21% in the same period.