Benzinga's Top #PreMarket Losers

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KaloBios Pharmaceuticals Inc KBIO shares dipped 53.24 percent to $11.03 in pre-market trading. Turing Pharmaceuticals founder Martin Shkreli has been arrested on securities fraud related to a firm he founded, Bloomberg reported Thursday morning. Pier 1 Imports Inc PIR shares declined 19.33 percent to $4.80 after the company reported downbeat revenue for its third quarter and lowered its earnings forecast for the year. However, the company's quarterly earnings exceeded analysts' estimates. General Mills, Inc. GIS shares dipped 2.77 percent to $57.55 after the company reported weak quarterly results and lowered its sales forecast for the full year. Cerus Corporation CERS shares tumbled 2.28 percent to $6.44 in pre-market trading. Wedbush downgraded Cerus from Outperform to Neutral. Accenture Plc ACN fell 1.20 percent to $107.77 in pre-market trading after the company reported weak quarterly earnings. However, the company lifted its 2016 sales forecast.
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