Benzinga's Top #PreMarket Losers

RetailMeNot SALE fell 22.45% to $19.62 in pre-market trading after the company reported Q2 earnings of $0.08 per share on revenue of $59.50 million. RBC Capital downgraded RetailMeNot from Outperform to Sector Perform and lowered the price target from $42.00 to $24.00. Five9 FIVN shares declined 21.72% to $5.66 in pre-market trading after the company reported a Q2 loss of $0.20 per share on revenue of $24.70 million. Pacific Crest downgraded Five9 from Outperform to Sector Perform and removed the price target of $10.00. Motorola Solutions MSI dropped 4.12% to $61.47 in pre-market trading after the company reported downbeat second-quarter results and issued a weak forecast for the current period. El Pollo Loco Holdings LOCO dipped 2.66% to $37.38 in pre-market trading after falling 6.80% on Monday.