Benzinga’s Top Pre-Market Losers (GSIC, PRAA, SQNM, OC, CTXS)

GSI Commerce, Inc. (NASDAQ: GSIC) decreased 3.23% to $24.55 in the pre-market session. GSI Commerce announced yesterday that QK Holdings Inc., a subsidiary of QVC Inc., which is a subsidiary of Liberty Media Corporation attributed to its Interactive Group (Nasdaq: LINTA), has agreed to sell 9,248,968 shares of GSI common stock in a registered underwritten offering. The 52-week trading range for GSIC is $9.38 - $26.63. GSI Commerce has gained over 47% in the last six months.

Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) tumbled 2.95% to $51.68 in the pre-market session. Portfolio Recovery Associates announced yesterday that it has commenced an underwritten public offering of 1 million shares of common stock. Portfolio Recovery Associates closed at $53.25 in the last trading session. The 52-week trading range for PRAA is $19.41 -$55.94.

Sequenom, Inc. (NASDAQ: SQNM) declined 0.19% to $5.25 in the pre-market session. The 52-week trading range for Sequenom is $2.55 - $17.56. Sequenom has declined over 68% in the last year.

Owens Corning (NYSE: OC) plunged 3.18% to $25.55 in the pre-market session. Owens Corning reported today a fourth-quarter loss of $21 million, or $0.17 per share, from a net loss of $34 million, or $0.27 per share, in the year ago period. Owens Corning closed at $26.39 in the last trading session. In the last six months, OC has surged over 25%.

Citrix Systems, Inc. (NASDAQ: CTXS) plummeted 0.85% to $43.25 in the pre-market session. The 52-week trading range for CTXS is $20.00 -$44.01. Citrix Systems has gained over 22% in the last six months.