Benzinga’s Top Pre-Market Losers (AMSC, MPEL, TRGL, PRGO, TUES, LEAP)

American Superconductor Corporation (NASDAQ: AMSC) decreased 3.14% to $38.50 in the pre-market session. American Superconductor Corporation today raised its fiscal 2009 guidance and now expects revenue to be in the range of $312-$315 million, up from previous forecasted range of $300-$310 million. The 52-week trading range for AMSC is $11.66 - $43.95. American Superconductor has gained over 23% in the last six months.

Melco Crown Entertainment Ltd (NASDAQ: MPEL)tumbled 2.93% to $3.65 in the pre-market session after Melco Crown reported today a fourth-quarter net loss of $89.69 million or $0.17 per ADS, as compared to a loss of $18.89 million or $0.04 per ADS for the same quarter last year. Analysts had expected Melco Crown to report a loss of $0.15 per share for the quarter. The 52-week trading range for MPEL is $2.27 - $8.45.
MPEL has declined over 32% in the last six months.

Toreador Resources Corporation (NASDAQ: TRGL) plunged 8.46% to $10.71 in the pre-market session. The 52-week trading range for TRGL is $1.96 - $20.80. Toreador Resources Corporation has climbed over 391% in the last year. Toreador Resources Corporation closed at $11.70 in the last trading session.

Perrigo Company (NASDAQ: PRGO) plunged 3.85% to $42.50 in the pre-market session. The Perrigo Company announced today that it now expects fiscal 2010 earnings from continuing operations to be in between $2.42 and $2.52 per share. Perrigo Company closed at $44.20 in the last trading session. In the last six months, PRGO has surged over 62%.

Tuesday Morning Corporation (NASDAQ: TUES) plummeted 6.83% to $4.50 in the pre-market session. The 52 week trading range for Tuesday Morning Corporation is $0.51 - $5.48. Tuesday Morning Corporation has gained over 4% in the last six months. TUES closed at $4.83 in the previous trading session.

Leap Wireless International, Inc. (NASDAQ: LEAP) declined 3.47% to $14.40 in the pre-market session. Leap Wireless International has hired Goldman Sachs and Morgan Stanley to advise the company on a possible sale. Leap Wireless closed at $14.92 in the last trading session. The 52-week trading range for LEAP is $11.98 - $42.47.