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Market Overview

Benzinga’s Top Pre-Market Losers (GAME, INFN, TASR, HBC, ITRN)

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Shanda Games Limited (ADR) (NASDAQ: GAME) decreased 9.07% to $7.52 in the pre-market session. Shanda Games reported a fourth-quarter profit of 415.2 million yuan, or 0.72 yuan a share, from 288.1 million yuan, or 0.72 yuan per share, for the same quarter last year. Analysts had expected GAME to report earnings of $55.98 million for the quarter. The 52-week trading range for GAME is $7.95 - $13.00. Shanda Games Limited has declined over 23% in the last six months.

Infinera Corp. (NASDAQ: INFN) tumbled 8.05% to $6.97 in the pre-market session. Infinera closed at $7.58 in the last trading session. The 52-week trading range for INFN is $5.69 - $10.53. INFN has surged over 6% in the last six months.

TASER International, Inc. (NASDAQ: TASR) plunged 5.16% to $7.17 in the pre-market session. The 52-week trading range for TASR is $3.11 - $7.88. TASER International has climbed over 75% in the last year. TASR closed at $7.56 in the last trading session.

HSBC Holdings plc (ADR) (NYSE: HBC) plunged 7.72% to $50.68 in the pre-market session. HSBC Holdings announced that the Directors declared a fourth interim dividend for 2009 of USD0.10 per ordinary share. The dividend will be payable on May 5, 2010, to holders of record on March 18, 2010. HBC closed at $54.92 in the last trading session. In the last year, HBC has surged over 57%.

Ituran Location and Control Ltd. (US) (NASDAQ: ITRN) declined 1.17% to $15.24 in the pre-market session. ITRN closed at $15.42 in the last trading session. The 52-week trading range for ITRN is $5.76 - $16.09. In the last year, Ituran Location and Control has surged over 137%.

 

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