Benzinga’s Top Pre- Market Losers (C, PRGO, YONG, SQNM, EZCH, CYTX)

Citigroup Inc. (NYSE: C) has declined by 9.86% to $3.11 in the pre-market session. Yesterday, Citigroup Inc. prices $17 billion of common stock offering and $3.5 billion of tangible equity units. The 52-week trading range for Citigroup is $0.97 - $8.20. SO far in 2009, C declined by 48%. Yesterday, Citigroup closed at $3.45.

Perrigo Company (NASDAQ: PRGO) has tumbled 3.57% to $37.50 in the pre-market session. The 52-week trading range for PRGO is $18.54 - $40.94. So far in 2009, PRGO gained over 20%. Yesterday, Perrigo Company closed at $38.89.

Yongye International, Inc. (NASDAQ: YONG) has plunged 8.81% to $7.56 in the pre-market. Yesterday, Yongye International announced public offering of common stock. Roth Capital Partners, LLC and Oppenheimer & Co. Inc. are acting as joint book-running managers for the offering. So far in 2009, YONG increased by 20%. In the previous trading session, YONG closed at $8.29.

Sequenom, Inc. (NASDAQ: SQNM) has plunged 9% to $3.80 in the pre-market after Xenomics, Inc. (XNOM.PK) announced that preliminary investigation suggests that Sequenom willfully manipulated its down syndrome data in its presentations. The 52-week trading range for SQNM is $2.55 - $25.99. In the previous trading session, SQNM closed at $4.18.

EZchip Semiconductor Ltd. (NASDAQ: EZCH) has plummeted 3.64% to $11.13. Yesterday, EZchip Semiconductor announced that it has priced an underwritten public offering at a price of $10.50 per share. So far this year, EXCH is down 26%. IN the last trading session, EXCH closed at $11.55.

Cytori Therapeutics Inc. (USA) (NASDAQ: CYTX) has declined by 4.84% to $5.90 in the pre-market session. So far this year, Cytori Therapeutics is up over 70%. The 52-week trading range for CYTX is $1.42 - $6.65. Yesterday, CYTX closed at $6.20.