Benzinga’s Top Pre-Market Losers (CELG, VOD, NFLX, RIMM)

Celgene Corporation CELG dipped 2.80% to $51.75 in the pre-market session. CELG has agreed to buy Abraxis BioScience Inc ABII in a cash and stock deal amounting to $2.9 billion. Vodafone Group Plc VOD lost 1.64% to $21.05 in the pre-market session. Analysts at Credit Suisse downgraded VOD from “outperform” to “neutral.” Netflix Inc NFLX fell 0.52% to $112 in pre-market. Analysts at Hudson Square downgraded NFLX from “hold” to “sell.” Research In Motion Limited RIMM slipped 0.20% to $49.65 in pre-market trading. RIMM announced that its free eBay application for BlackBerry smartphones is now available on BlackBerry App World across six more countries. Read more from Benzinga's Company news.
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Posted In: NewsShort IdeasDowngradesM&APre-Market OutlookMarketsAnalyst RatingsTrading IdeasBiotechnologyCommunications EquipmentConsumer DiscretionaryHealth CareInformation TechnologyInternet RetailTelecommunication ServicesTop Pre-Market LosersWireless Telecommunication Services
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