Benzinga's Top #PreMarket Losers

Arena Pharmaceuticals, Inc. ARNA shares dropped 6.81% to $4.93 in pre-market trading on announcement of public offering of common stock. QUALCOMM Incorporated QCOM shares declined 2.95% to $70.34 in pre-market trading on report that Samsung dropped Qualcomm chip from new galaxy S phone. International Business Machines CorporationIBM fell 2.62% to $152.84 in pre-market trading after the company reported downbeat quarterly revenue and issued a weak FY2015 earnings forecast. However, the company reported upbeat fourth-quarter earnings. Tesla Motors, Inc.TSLA shares dropped 1.84% to $188.40 in pre-market trading after falling 0.59% on Tuesday. Advanced Micro Devices, Inc. AMD shares fell 1.34% to $2.21 in pre-market trading after the company reported in-line revenue for the fourth quarter. However, the company reported downbeat quarterly earnings and issued a weak revenue outlook for the first quarter.