Benzinga's Top #PreMarket Losers

TIBCO Software TIBX dipped 15.06% to $17.66 in pre-market trading after the company issued downbeat forecast for the second quarter. Tibco projected adjusted earnings of $0.12 to $0.13 per share on revenue of $250 million to $252 million. However, analysts were expecting earnings of $0.21 per share on revenue of $267 million. FuelCell Energy FCEL shares fell 13.08% to $2.06 in pre-market trading after the company reported weaker-than-expected second-quarter results. FuelCell Energy reported a Q2 loss of $0.04 per share on revenue of $38.30 million. However, analysts were expecting a loss of $0.03 per share on revenue of $45.18 million. Ascena Retail Group ASNA shares dropped 4.57% to $15.65 in pre-market trading after the company reported weaker-than-expected third-quarter revenue. Ascena Retail posted its adjusted profit of $0.27 per share on revenue of $1.15 billion. Analysts were expecting earnings of $0.19 per share on revenue of $1.2 billion. Canadian Solar CSIQ dropped 3.63% to $24.18 in pre-market trading after falling 1.99% on Tuesday.
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