Benzinga's Top #PreMarket Losers

Cherokee Inc CHKE shares dipped 33.64 percent to $16.00 in pre-market trading after the company reported weaker-than-expected results for its fiscal second quarter. Zumiez Inc. ZUMZ shares fell 18.19 percent to $17.72 in pre-market trading after the company issued a weak outlook for the current quarter. Zumiez reported Q2 earnings of $0.12 per share on revenue of $179.82 million, in line with the Street's consensus. Finisar Corporation FNSR shares tumbled 14.82 percent to $12.70 in pre-market trading after the company reported downbeat earnings for its fiscal first quarter and issued a weak forecast. The company also announced the resignation of its CEO Eitan Gertel. Mattress Firm Holding Corp MFRM shares declined 12.16 percent to $53.00 in pre-market trading after the company reported downbeat Q2 earnings and lowered its FY16 earnings forecast. Marvell Technology Group Ltd. MRVL fell 9.95 percent to $9.50 in pre-market trading following announcement of filing for non-timely 10-Q and weak preliminary numbers.
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