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Benzinga's Top #PreMarket Losers

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Global Payments Inc (NYSE: GPN) shares dipped 5.70 percent to $67.36 in pre-market trading after the company agreed to acquire Heartland Payment Systems, Inc. (NYSE: HPY) for $100.00 per share, or $4.3 billion.

Spark Therapeutics Inc (NASDAQ: ONCE) shares declined 2.68 percent to $47.25 after the company priced its 3 million share offering at $47.00 per share.

Pfenex Inc (NYSEMKT: PFNX) shares dipped 2.07 percent to $11.85 after the company priced offering of 600,000 shares by selling shareholders at $11.75 per share.

GrubHub Inc (NYSE: GRUB) shares tumbled 2.04 percent to $23.51 in pre-market trading. Northland Securities downgraded GrubHub from Outperform to Market Perform and lowered the price target from $30.00 to $25.00.

ARM Holdings plc (ADR) (NASDAQ: ARMH) fell 1.85 percent to $46.69 in pre-market trading after declining 0.44 percent on Tuesday.

Posted-In: Premarket MoversNews Movers & Shakers Pre-Market Outlook Markets

 

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