Benzinga's Top #PreMarket Losers

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Lorillard LO dropped 6.01% to $63.18 in pre-market trading after Reynolds American RAI agreed to acquire Lorillard in a cash-and-stock transaction valued at $27.4 billion, including the assumption of net debt. Tuniu TOUR dipped 5% to $17.87 in pre-market trading after jumping 8.04% on Monday. Reynolds American RAI shares declined 3.42% to $61.02 in pre-market trading after the company agreed to buy Lorillard. Valero Energy VLO fell 3.36% to $48.25 in pre-market trading after the company issued a downbeat profit forecast for the second quarter.
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