Benzinga's Top #PreMarket Losers

NewLink Genetics NLNK shares fell 6.44% to $34.50 in pre-market trading after falling 3.68% on Wednesday. Ariad Pharmaceuticals ARIA shares declined 3.20% to $6.80 in pre-market trading after dropping 3.17% on Wednesday. Credit Suisse downgraded ARIAD Pharmaceuticals from Neutral to Underperform and lowered the price target from $8.00 to $6.00. Lululemon Athletica LULU fell 1.93% to $45.80 in pre-market trading after the company issued a weak forecast. Ciena CIEN shares dropped 1.24% to $16.75 in pre-market trading after the company reported a loss for the fiscal fourth quarter.