Benzinga's Top #PreMarket Losers

Global Payments Inc GPN shares dipped 5.70 percent to $67.36 in pre-market trading after the company agreed to acquire Heartland Payment Systems, Inc. HPY for $100.00 per share, or $4.3 billion. Spark Therapeutics Inc ONCE shares declined 2.68 percent to $47.25 after the company priced its 3 million share offering at $47.00 per share. Pfenex Inc PFNX shares dipped 2.07 percent to $11.85 after the company priced offering of 600,000 shares by selling shareholders at $11.75 per share. GrubHub Inc GRUB shares tumbled 2.04 percent to $23.51 in pre-market trading. Northland Securities downgraded GrubHub from Outperform to Market Perform and lowered the price target from $30.00 to $25.00. ARM Holdings plc (ADR) ARMH fell 1.85 percent to $46.69 in pre-market trading after declining 0.44 percent on Tuesday.