Benzinga's Top #PreMarket Losers

Harley-Davidson Inc HOG shares fell 6.27 percent to $57.90 in pre-market trading after the company reported upbeat Q1 profit, but cut its sales outlook for 2015. Under Armour Inc UA shares declined 3.16 percent to $84.99 in pre-market trading after the company reported in-line quarterly earnings. Perrigo Company plc Ordinary Shares PRGO fell 3 percent to $192.13 in pre-market trading. According to a report from the Wall Street Journal, Teva Pharmaceutical Industries Ltd (ADR) TEVA could be considering a bid for Mylan NV MYL. Shake Shack Inc SHAK slipped 2.59 percent to $62.00 in pre-market trading. Stifel Nicolaus downgraded Shake Shack from Buy to Hold and removed the price target of $50.00 Travelers Companies Inc TRV shares dropped 2.02 percent to $104.00 in pre-market after the company reported a drop in its first-quarter profit. The company's sales also missed analysts' views.