Benzinga's Top Pre-Market NASDAQ Losers (CREE, SQQQ, ADBE, ETFC)

Cree Inc CREE dipped 6.15% to $38.30 in the pre-market session. CREE reported downbeat Q3 results and issued weaker-than-expected Q4 projections. ProShares UltraPro Short QQQ SQQQ fell 4.84% to $25.19 in the pre-market session. Adobe Systems Incorporated ADBE moved down 0.80% to $33.38 in the pre-market session. Analysts at FBR Capital downgraded ADBE from "market perform" to "underperform." E*TRADE Financial Corporation ETFC dropped 0.13% to $15.72 in the pre-market trading. ETFC's trailing-twelve-month profit margin is -2.52%. Read more from Benzinga's Markets.