Benzinga’s Top Pre-Market Losers (TIF, PALM, VLTR, FUQI)

Tiffany & Co. (NYSE: TIF) decreased 4.76% to $45 in the pre-market session. Tiffany & Co. reported today a fourth-quarter net income of $140.4 million, or $1.10 per share, from $31.1 million, or $0.25 per share, for the same quarter last year. Sales increased to $981.4 million, from $837.6 million in the year ago period. Analysts had expected TIF to report earnings of $1.13 per share and revenue of $2.7 billion. The 52-week trading range for TIF is $19.97 -$48.38. Tiffany & Co. has gained over 23% in the last six months.

Palm, Inc. (NASDAQ: PALM) fell 6.31% to $3.75 in the pre-market session. PALM closed at $4 in the last trading session. The 52-week trading range for PALM is $3.96 - $18.09. PALM has declined over 74% in the last six months.

Volterra Semiconductor Corporation (NASDAQ: VLTR) declined 4.26% to $23.50 in the pre-market session. The 52-week trading range for VLTR is $8.06 - $26.40. Volterra Semiconductor has climbed over 199% in the last year. VLTR closed at $24.55 in the previous trading session.

Fuqi International, Inc. (NASDAQ: FUQI) decreased 4.95% to $9.79 in the pre-market session. The Shuman Law Firm announced that it is investigating potential claims against Fuqi International, relating to the Fuqi`s recent announcement that it had 'identified certain accounting errors that are expected to have a material impact on the previously issued quarterly financial statements for the first three quarters of 2009.' Fuqi International closed at $10.30 in the last trading session. In the last six months, FUQI has declined over 65%. The 52-week trading range for FUQI is $3.81 - $32.68.