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Benzinga's Top #PreMarket Losers

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Vascular Biogenics Ltd.(NASDAQ: VBLT) shares dropped 36.64% to $8.94 in pre-market trading after the company announced the removal of the FDA partial clinical hold on VB-111. VBL Therapeutics announced its plans to discontinue the development of VB-201 in ulcerative colitis and psoriasis following Phase 2 results.

Walter Energy, Inc. (NYSE: WLT) shares declined 9.17% to $0.99 in pre-market trading after the company reported a wider-than-expected Q4 loss.

Cablevision Systems Corporation (NYSE: CVC) fell 3.11% to $19.96 in pre-market trading after gaining 1.58% on Friday.

Applied Materials, Inc (NASDAQ: AMAT) shares fell 1.70% to $23.71 in pre-market trading after dropping 0.08% on Friday

Macy's, Inc.(NYSE: M) shares dropped 1.26% to $63.51 in pre-market. Analysts at Barclays initiated coverage on Macy's with a Underweight rating.

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