Benzinga's Top Pre-Market NASDAQ Losers (WIBC, CSCO, ARMH, BIDU)

Wilshire Bancorp Inc WIBC dipped 5.23% to $2.90 in the pre-market session. WIBC priced its underwritten public offering of 36,363,600 shares of common stock at $2.75 per share. Cisco Systems Inc CSCO fell 3.94% to $17.08 in the pre-market session. CSCO reported an 18% decline in its FQ3 profit and issued weaker-than-expected projections for the current quarter. ARM Holdings plc ARMH moved down 1.74% to $28.77 in the pre-market session. ARMH's PEG ratio is 3.15. Baidu Inc BIDU dropped 0.90% to $137.65 in the pre-market trading. BIDU has been fined about 550,000 yuan ($84,722) for copyright infringement, the Shanghai Daily reported. Read more from Benzinga's Markets.