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Market Overview

Benzinga’s Top Pre-Market Losers (ACHN, DEAR, SYNA, FCEL, GOOG, IBKR)

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Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) decreased $0.45 or 17.31% to $2.15 in the pre-market session. Achillion Pharmaceuticals announced today that it has priced an underwritten public offering of 10,275,000 shares of its common stock at the public offering price of $2.08 per share. The 52-week trading range for Achillion Pharmaceuticals is $0.91 - $3.89. ACHN has gained over 53% in the last six months.

Dearborn Bancorp, Inc. (NASDAQ: DEAR) tumbled 6.51% to $2.01 in the pre-market session. The 52-week trading range for DEAR is $0.35 - $3.22. Dearborn Bancorp has surged over 20% in the last six months. DEAR closed at $2.15 in the previous trading session.

Synaptics, Incorporated (NASDAQ: SYNA) plunged 10.54% to $27.15 in the pre-market session. Synaptics Incorporated announced yesterday that for the third quarter of 2010, it expects revenue to be in the range of $110-$115 million. For fiscal 2010, it expects revenue to be in the range of $495 - $505 million. The 52-week trading range for SYNA is $18.94 -$40.94. SYNA has climbed over 47% in the last year.

FuelCell Energy, Inc. (NASDAQ: FCEL) plunged 4.55% to $3.15 in the pre-market session. FuelCell Energy closed at $3.30 in the last trading session. In the last six months, FCEL has declined 16%. The 52-week trading range for FuelCell Energy is $1.98 - $5.47.

Google Inc. (NASDAQ: GOOG) plummeted 3.49% to $562.63 in the pre-market session. Google reported yesterday a fourth quarter revenues of $6.67 billion, an increase of 17% compared to the fourth quarter of 2008. The 52-week trading range for Google is $289.45 - $629.51. GOOG has gained over 36% in the last six months.

Interactive Brokers Group, Inc. (NASDAQ: IBKR) decreased $1.39 or 8.42% to $15.11 in the pre-market session. Interactive Brokers Group reported yesterday diluted earnings per share of $0.87 for the year ended December 31, 2009, as compared to diluted earnings per share of $2.24 in 2008. The 52-week trading range for IBKR is $12.68 - $20.99. Interactive Brokers closed at $16.50 in the last trading session.

 

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