Pre Market Losers: NWSA, MNST, MRX, NUAN, ZNGA, KGC

Traders at the NYSENews Corp. (NASDAQ:NWSA) is down 3.04% this morning at $23.00. NWSA trades 19.4 million shares a day on average. News Corp announced quarterly results today and met expectations of $0.32 per share, but missed on revenue. The company has a market cap of 57.44 billion.

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Monster Beverage Corporation (NASDAQ:MNST) is down 8.16% in pre market trading at $62.24. MNST trades 2.4 million shares a day on average. Monster Beverage shares are falling today after the company missed profit estimates in its second quarter due to costs overseas. The company has a market cap of 11.94 billion.

Medicis Pharmaceutical Corp. (NYSE:MRX) is down 4.53% in pre market trading at $31.80. MRX trades 1.08 million shares a day on average. Medicis saw its price target lowered to $37 from $44 at Deutsche Bank after its second quarter income falls. The company has a market cap of 1.91 billion.

Nuance Communications, Inc. (NASDAQ:NUAN) is down 1.90% in pre market trading at $22.74. NUAN usually trades 4.02 million shares a day. NUAN shares have jumped about $3 a share over the past week. The company has a market cap of 7.11 billion.

Zynga, Inc. (NASDAQ:ZNGA) is down 2.65% this morning at $2.87. ZNGA has traded 34 thousand shares in pre market and trades 24.9 million shares a day on average. ZNGA shares are down about $0.20 a share over the past two days. Zynga’s COO resigned from the company yesterday as the stock continues to dive. The company has a market cap of 2.24 billion.

Kinross Gold Corporation (NYSE:KGC) is down 3.19% in pre market at $7.58. KGC has traded 26 thousand shares this morning and averages 10.01 million shares a day. Kinross announced that Brant Hinze, former VP and COO, has been appointed to President and COO. The company has a market cap of 8.92 billion.

About MarcS

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.

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