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Market Overview

Benzinga’s Top Pre-Market Losers (AIG, CNP, CROX, ATHN, NVTL)

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American International Group, Inc. (NYSE: AIG) decreased 12.10% to $24.18 in the pre-market session. American International reported today a fourth-quarter net loss of $8.9 billion, or $65.51 per share, as compared to a net loss of $61.7 billion, or $458.99 per share, for the same quarter last year. The 52-week trading range for AIG is $6.60 - $55.90. American International Group has declined over 19% in the last six months.

CenterPoint Energy, Inc. (NYSE: CNP) tumbled 1.42% to $13.90 in the pre-market session. CenterPoint reported today a fourth-quarter net income of $105 million, or $0.27 per share, from $87 million or $0.25 per share, in the year-ago period. Revenue increased to $2.77 billion from $2.3 billion in the year ago period. CenterPoint Energy closed at $14.10 in the last trading session. The 52-week trading range for CNP is $8.66 - $14.90.

Crocs, Inc. (NASDAQ: CROX) plunged 11.04% to $6.93 in the pre-market session. Crocs, Inc. announced yesterday that it expects to generate between $155 million to $160 million in revenue during its first quarter 2010. The 52-week trading range for CROX is $1.00 - $8.20. Crocs has climbed over 577% in the last year.

athenahealth, Inc (NASDAQ: ATHN) plunged 10.50% to $38.95 in the pre-market session. ATHN closed at $43.52 in the last trading session. In the last six months, athenahealth has surged over 8%. The 52-week trading range for ATHN is $23.15 - $47.82.

Novatel Wireless, Inc. (NASDAQ: NVTL) plummeted 10.20% to $6.60 in the pre-market session. Novatel Wireless announced yesterday that for the first quarter of 2010, it expects revenues of $70 million, GAAP loss per share of $(0.13) and non-GAAP loss per share of $(0.08). The 52-week trading range for NVTL is $4.99 - $13.70. Novatel Wireless has declined over 27% in the last six months.

 

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