Benzinga’s Top Pre-Market Losers (CPTS, BIDU, MSG, BGFV)

Conceptus Inc CPTS dipped 24% to $12 in the pre-market session. CPTS has narrowed its Q2 and FY10 guidance due to strength in the US dollar. Baidu Inc BIDU lost 5.58% to $68.39 in the pre-market session. BIDU dropped after Beijing renewed the license, which allows Google Inc GOOG to continue to operate a website in China. Madison Square Garden Inc MSG fell 3.63% to $19.64 in the pre-market session. MSG was also among the list of top pre-market losers yesterday. Big 5 Sporting Goods Corporation BGFV slipped 2.91% to $11.66 in pre-market trading. BGFV has reduced its Q2 earnings guidance due to slow economic recovery and cold weather at the West Coast. Read more from Benzinga's Company news.