Benzinga's Top #PreMarket Losers

Barracuda Networks Inc CUDA shares tumbled 25.48 percent to $17.55 in pre-market trading. Barracuda reported upbeat earnings for its fiscal second quarter, but the company's sales slightly missed analysts' estimates. The company also issued a weak forecast for the third quarter. Diamond Foods, Inc. DMND shares fell 2.46 percent to $30.57 in pre-market trading. Diamond Foods reported upbeat earnings for its fiscal fourth quarter, but the company's sales missed analysts' estimates. Sarepta Therapeutics Inc SRPT shares declined 2.35 percent to $31.15 in pre-market trading after the company reported the USPTO decision in patent interference case with BioMarin Pharmaceutical Inc. BMRN. Mellanox Technologies, Ltd. MLNX fell 1.99 percent to $39.00 in pre-market trading after the company announced its plans to buy EZchip Semiconductor Ltd EZCH in a $811 million deal. Galapagos NV (ADR) GLPG shares dipped 0.65 percent to $38.76 in pre-market trading after declining 16.20 percent on Tuesday.