Benzinga's Top #PreMarket Losers

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Keurig Green Mountain, Inc. GMCR shares dropped 3.06% to $135.50. Keurig Green Mountain is recalling roughly 7.2 million of the MINI Plus Brewing Systems following reports of potential burning and overheating issues. Achillion Pharmaceuticals, Inc. ACHN shares dropped 2.78% to $15.06 in pre-market trading after surging 9.01% on Monday. Baird downgraded Achillion Pharmaceuticals from Outperform to Neutral and raised the price target from $12.00 to $16.00. Juno Therapeutics Inc. JUNO shares fell 2.45% to $38.24 in pre-market trading after gaining 12.00% on Monday. Avon Products Inc. AVP shares declined 2.13% to $9.20 in pre-market trading. Analysts at BMO Capital downgraded Avon Products from Market Perform to Underperform and lowered the price target from $10 to $7. Steelcase Inc. SCS fell 1.79% to $17.60 in pre-market trading after the company reported downbeat quarterly revenue. However, the company reported better-than-expected third-quarter earnings.
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