Benzinga's Top Pre-Market NASDAQ Losers (BRCD, HRBN, ARMH, HERO)

Brocade Communications Systems Inc BRCD dipped 7.54% to $5.27 in the pre-market session. BRCD reported 27% y/y decline in its FQ4 net income. Harbin Electric Inc HRBN lost 4.47% to $17.10 in the pre-market session. The Board of Directors of HRBN has received a letter from its Chairman and CEO, Mr. Tianfu Yang, regarding his proposal to take the company private. ARM Holdings Plc ARMH slipped 2.84% to $18.10 in the pre-market trading. ARMH's PEG ratio is 3.20. Hercules Offshore Inc HERO fell 2.34% to $2.50 in the pre-market session. HERO's trailing-twelve-month profit margin is -11.56%. Read more from Benzinga's Markets.