Benzinga's Top #PreMarket Losers

Novavax NVAX dipped 10.43% to $4.55 in pre-market trading after the company announced a $100 million public offering of common stock. Rite Aid RAD dropped 10.24% to $7.63 in pre-market trading after the company lowered its FY14 earnings forecast from $0.31 to $0.42 per share to $0.30 to $0.40 per share. The company's same-store sales increased 3.5% in May. PVH PVH shares fell 5.88% to $123.00 in pre-market trading after the company reported weaker-than-expected first-quarter results and lowered its full-year earnings outlook. Marvell Technology Group MRVL shares dropped 3.56% to $15.45 in pre-market trading after falling 0.25% on Wednesday.