Benzinga's Top #PreMarket Losers
Angie's List (NASDAQ: ANGI) fell 23.30% to $7.80 in pre-market trading after the company reported a wider-than-expected quarterly loss and issued a weak revenue forecast. Bank of America downgraded Angie's List from Buy to Neutral and lowered the price target from $16.00 to $12.00.
TripAdvisor (NASDAQ: TRIP) shares declined 11.61% to $94.90 in pre-market trading after the company reported weaker-than-expected second-quarter profit.
Sarepta Therapeutics (NASDAQ: SRPT) dropped 6.23% to $20.02 in pre-market trading following an SEC filing from the company which stated the company's Senior Vice PResident and Chief Science Officer has been "terminated".
QUALCOMM (NASDAQ: QCOM) dipped 4.72% to $77.75 in pre-market trading after the company issued downbeat earnings forecast for the current quarter. The company reported a 42% rise in its fiscal third-quarter net income. Evercore Partners downgraded QUALCOMM from Overweight to Equal-weight and lowered the price target from $88.00 to $83.00.
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