Benzinga's Top #PreMarket Losers

Fossil Group Inc FOSL shares declined 9.68 percent to $56.10 in pre-market trading after the company reported downbeat Q2 revenue and lowered its forecast for the year. The company also issued a weak earnings outlook for the third quarter. INC Research Holdings Inc INCR shares tumbled 7.16 percent to $44.75 in pre-market trading after the company priced its 8 million secondary offering. Alibaba Group Holding Ltd BABA shares fell 6.31 percent to $72.46 in pre-market trading after the company reported downbeat revenue for its fiscal first quarter. However, the company's earnings exceeded analysts' estimates. Yahoo! Inc. YHOO fell 4.52 percent to $34.40 in pre-market trading after dropping 3.01 percent on Tuesday. Skyworks Solutions Inc SWKS shares dropped 3.34 percent to $86.00 in pre-market after declining 2.26 percent on Tuesday.