Benzinga's Top #PreMarket Losers

Lumber Liquidators Holdings LL dropped 20.49% to $55.99 in pre-market trading after the company lowered its earnings forecast for the year. Jefferies downgraded the stock from Buy to Hold and cut the price target from $115.00 to $57.00. Potbelly PBPB shares declined 16.72% to $12.20 in pre-market trading after the company warned it will miss Q2 expectations by a wide margin. Memorial Production Partners LP MEMP fell 5.10% to $22.70 in pre-market trading after the company announced a public offering of 8.6 million common units. Liquidity Services LQDT dipped 4.63% to $14 in pre-market trading after the company announced the sale of rolling stock and other assets. The company now expects FQ3 adjusted earnings per share to be around 10%-20% below its forecast of $0.28 to $0.34.