Benzinga's Top #PreMarket Losers

Mattel MAT dropped 9.12% to $35.47 in pre-market trading after the company reported a drop in its second-quarter earnings. Mattel's quarterly profit fell to $28.3 million, or $0.08 per share, versus a year-ago profit of $73.3 million, or $0.21 per share. SanDisk SNDK dipped 8.10% to $99.10 in pre-market trading after the company issued a downbeat current-quarter revenue outlook. SanDisk reported its Q2 earnings of $1.41 per share on revenue of $1.63 billion. Tower Semiconductor TSEM shares declined 3.82% to $10.83 in pre-market trading after jumping 14.14% on Wednesday. TowerJazz is expected to report its Q2 financial results on August 04, 2014. AutoNation AN fell 2.35% to $59.40 in pre-market trading after the company reported weaker-than-expected earnings for the second quarter.