Benzinga's Top Pre-Market NASDAQ Losers (CNXT, GRMN, NFLX, COMV)

Conexant Systems Inc CNXT dipped 6.75% to $2.35 in the pre-market session. Standard Microsystems Corporation SMSC reported that it doesn't plan to raise its offer for CNXT above $2.25 per share. Garmin Ltd GRMN fell 5.10% to $30.50 in the pre-market session. GRMN reported weaker-than-expected Q4 results and issued downbeat FY11 projections. Netflix Inc NFLX moved down 1.39% to $218.51 in the pre-market session. Analysts at Needham downgraded NFLX from “hold” to “underperform.” Comverge Inc COMV dropped 1.13% to $5.27 in the pre-market trading. JBLU's trailing-twelve-month ROE is -50.99%. Read more from Benzinga's Markets.