Benzinga's Top #PreMarket Losers

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Rambus Inc. RMBS fell 17.57 percent to $11.45 in pre-market trading after the company reported downbeat revenue for the third quarter and issued a downbeat revenue forecast. The company also announced plans to cut 8 percent of staff. Harley-Davidson Inc HOG shares fell 7.40 percent to $51.90 in pre-market trading after the company reported weaker-than-expected earnings for the third quarter and lowered its motorcycle shipment outlook for the full year. Horizon Pharma PLC HZNP shares declined 5.61 percent to $18.00 in pre-market trading. Horizon Pharma is expected to report Q3 results on November 6, 2015. International Business Machines Corp. IBM shares tumbled 4.84 percent to $142.00 in pre-market trading. IBM reported better-than-expected earnings for the third quarter, but the company's revenue missed analysts' expectations. Novavax, Inc. NVAX shares dipped 1.86 percent to $7.40 in pre-market trading after falling 1.82 percent on Monday.
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