Benzinga’s Top Pre-Market Losers (MRVL, CNXT, NBIX, SOLF, MENT)

Marvell Technology Group Ltd. (NASDAQ: MRVL) decreased 3.73% to $19.38 in the pre-market session. The 52-week trading range for MRVL is $7.41 - $21.76. Marvell Technology has gained over 28% in the last six months. MRVL closed at $20.13 in the last trading session.

Conexant Systems, Inc. (NASDAQ: CNXT) fell 2.96% to $4.26 in the pre-market session. Conexant Systems announced yesterday the pricing of an underwritten public offering of 14 million shares of its common stock at a price to the public of $4.00 per share. Conexant Systems closed at $4.39 in the last trading session. The 52-week trading range for CNXT is $0.33 -$5.17.

Neurocrine Biosciences, Inc. (NASDAQ: NBIX) plunged 8.46% to $2.38 in the pre-market session. Neurocrine Biosciences announced yesterday that it is offering to sell shares of its common stock in an underwritten public offering. The 52-week trading range for NBIX is $1.94 - $4.25. Neurocrine Biosciences has declined over 20% in the last year.

Solarfun Power Holdings Co., Ltd. (ADR) (NASDAQ: SOLF) decreased 4.98% to $7.15 in the pre-market session. Solarfun Power Holdings reported today a fourth quarter total net revenues of RMB 1,252.7 million (US$183.5 million), an increase of 11.6% from RMB 1,122.7 million for the same quarter last year. SOLF closed at $7.53 in the last trading session. In the last six months, SOLF has surged over 45%.

Mentor Graphics Corporation (NASDAQ: MENT) declined 3.19% to $8.50 in the pre-market session. Mentor Graphics Corporation announced yesterday that for the first quarter of 2010, it expects revenues of approximately $180 million and break-even to a loss per share of $0.05, on both a GAAP and non-GAAP basis. The 52-week trading range for MENT is $3.34 - $9.73. MENT has gained over 98% in the last year.