Market Overview

Benzinga's Top Pre-Market Losers

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Credit Acceptance Corporation (NASDAQ: CACC) shares dipped 2.93% to $108.72 in the pre-market trading. Credit Acceptance Corporation has announced the pricing of the previously announced underwritten public offering.

Raytheon Co (NYSE: RTN) dipped 2.52% to $56.94 in the pre-market session. The Pentagon intends to spend $20.6 billion on weapons through 2017, which represents a 4.5% decline to the budget projected a year ago.

MannKind Corporation (NASDAQ: MNKD) shares dropped 2.52% to $4.289 in pre-market trading. MannKind's 5-year expected PEG ratio is 0.05.

Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares fell 2.21% to $75.94 in pre-market trading. The weaker than expected results announced by Infosys (NYSE: INFY) adversely affected Cognizant Technology's stock.

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