Benzinga's Top #PreMarket Losers

VIVUS (NASDAQ: VVUS ) shares fell 12.44% to $5.91 in the pre-market trading after the company reported Q4 results. JP Morgan downgraded the stock from Overweight to Neutral and cut the price target from $15.00 to $8.00. Avalonbay Communities (NYSE: AVB ) dipped 5.15% to $122.56 after gaining 0.44%