Benzinga’s Pre-Market Losers (SAIA, EFII, AIXG, CNTF, TTWO)

Saia Inc (NASDAQ: SAIA) shares have plummeted 10.31% to $13.05. SAIA has projected a wider-than-anticipated loss in 4Q on account of tough pricing competition and low volumes. Saia’s shares had closed at $14.55.

Electronics for Imaging Inc (NASDAQ: EFII) shares slipped 9.92% to $11.17 after the company announced the results of its share buyback. EFII had bought back 5.5 million shares at $12.75 per share.

Aixtron Aktiengesellschaft (NASDAQ: AIXG) shares fell 5.24% to $32.94 in pre-market trading. AIXG’s shares have soared by 399.40% so far in the year.

China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) shares were down 4.29% to $3.12. CNTF had recently announced that it has expanded its reach to the international market with the shipment of an analog TV phone to Mexico's leading cellphone network operator. CNTF’s 52-week trading range is $0.95-$3.93 and the company’s stock has gained 154% so far in the year.

Take-Two Interactive Software Inc (NASDAQ: TTWO) shares have declined by 4.03% to $9.05. TTWO is selling its Jack of All Games unit to Synnex Corp (NYSE: SNX) in a $43.25 million deal. The company has also lowered its sales outlook.