Benzinga’s Top Pre-Market Losers (JPM, MHGC, FALC, BWEN, CNXT, TRA)

JPMorgan Chase & Co. (NYSE: JPM) decreased $0.31 or 0.69% to $44.38 in the pre-market session. JPMorgan today reported a fourth quarter profit of $3.3 billion, or $0.74 a share, compared to $702 million, or $0.062 a share, from the same quarter last year. The 52-week trading range for JPM is $14.96 -$47.47. JPMorgan gained over 28% in the last six months.

Morgans Hotel Group Co. (NASDAQ: MHGC) tumbled 5.62% to $4.70 in the pre-market session. Morgans Hotel Group closed at $4.98 in the last trading session. The 52-week trading range for MHGC is $1.57 - $6.50. MHGC surged over 44% in the last six months.

FalconStor Software, Inc. (NASDAQ: FALC) plunged 14.25% to $3.85 in the pre-market session after FalconStor Software announced yesterday that it expects fourth quarter 2009 revenue to be between $21.5 to $22.0 million, and non-GAAP net loss per share to be in the range of $0.02 and $0.03 per share. FALC closed at $4.49 in the last trading session. In the last year, FALC has surged over 39%.

Broadwind Energy Inc. (NASDAQ: BWEN) plummeted 5.97% to $5.99 in the pre-market session. The 52-week trading range for Broadwind Energy is $2.60 - $12.49. BWEN declined over 43% in the last six months. BWEN closed at $6.37 in the previous trading session.

Conexant Systems, Inc. (NASDAQ: CNXT) decreased $0.15 or 5% to $2.85 in the pre-market session. Conexant Systems announced today that it has filed a universal shelf registration statement with the Securities and Exchange Commission (SEC). The 52-week trading range for CNXT is $0.26 - $3.95. CNXT closed at $3.00 in the last trading session. In the last six months, CNXT gained over 143%.

Terra Industries Inc. (NYSE: TRA) declined 4.62% to $31.15 after CF Industries Holdings (NYSE: CF) announced that it has withdrawn its offer to acquire Terra Industries and is no longer pursuing the acquisition. Terra Industries closed at $32.66 in the last trading session. The 52-week trading range for CF is $14.57 - $43.13. In the last year, TRA is up over 80%.