The top pre-market NASDAQ stock market losers are: Shengkai Innovations, Kirkland's, Autodesk, Sonus Networks, Intuit, Harbin Electric, SunPower, Blue Coat Systems, Whole Foods Market, and DryShips.

Shengkai Innovations, Inc. (VALV) lost 14.29 percent to $6 in the pre-market trading. The company said it has priced a public offering of about $13.5 million, consisting of 2.46 million shares of common stock at $5.50 a share. The transaction is expected to close on or about November 24.

The company plans to use the net proceeds from the offering for general corporate purposes, including expanding its products, and for general working capital purposes.

Kirkland's Inc. (KIRK) declined 8.53 percent to $11.90 in the pre-market trading. The company's third quarter profit was $2.28 million or 11 cents a share, down from $5.6 million or 27 cents a share last year. Sales inched up to $92.7 million from $92.4 million. Analysts had expected profit of 12 cents a share on revenue of $90.79 million.

Autodesk, Inc. (ADSK) plunged 4.44 percent to $34.65 in the pre-market session. The company's third quarter adjusted profit was $75 million or 32 cents a share, up from $61.3 million or 26 cents a share last year. Revenue rose to $477 million from $417 million. Analysts had expected profit of 32 cents a share on revenue of $471.10 million.

Autodesk expects fourth quarter adjusted earnings of 30 cents to 33 cents a share and revenue of $500 million to $520 million. Analysts expect profit of 34 cents a share on revenue of $501.75 million.

The company projects fiscal 2011 adjusted profit of $1.27 to $1.30 a share and revenue of about $1.924 billion to $1.944 billion. Wall Street expects profit of $1.31 a share on revenue of $1.92 billion. Autodesk expects fiscal 2012 revenue to increase by about 10 percent over 2011.

Sonus Networks, Inc. (SONS) plummeted 4.06 percent to $2.60 in the pre-market trading.

Intuit Inc. (INTU) fell 4.05 percent to $46.25 in the pre-market session. The company's first quarter adjusted loss widened to $39 million or 12 cents a share from $32 million or 10 cents a share last year. Revenue rose to $532 million from $474 million. Analysts had expected a loss of 12 cents a share on revenue of $519.95 million.

Intuit expects second quarter adjusted earnings of 36 cents to 40 cents a share and revenue of $920 million to $940 million. Analysts expect profit of 45 cents a share on revenue of $918.54 million. The company still projects fiscal 2011 adjusted profit of $2.36 to $2.43 a share and revenue of $3.74 billion to $3.84 billion. Street expects profit of $2.41 a share on revenue of $3.8 billion for fiscal 2011.

Harbin Electric, Inc. (HRBN) fell 3.58 percent to $18.30 in the pre-market session.

SunPower Corp. (SPWRA) dropped 3.41 percent to $12.75 in the pre-market trading. The company said it expects adjusted earnings for fiscal 2011 of $1.75 to $2.05 a share and revenue of $2.65 billion to $2.85 billion. Analysts expect profit of $1.86 a share on revenue of $2.87 billion.

SunPower said Allianz Renewable Energy Partners IV Ltd., a subsidiary of Allianz SE, has signed a definitive sale and purchase agreement to buy 100 percent of the equity in its subsidiary, Orsa Maggiore PV Srl, which owns the 15-megawatt Solare Roma photovoltaic power plant. The transaction is expected to be completed by the end of 2010.

Blue Coat Systems Inc. (BCSI) tumbled 3.14 percent to $26.25 in the pre-market trading. The company's second quarter adjusted profit was $18.1 million or 38 cents a share, up from $13.1 million or 29 cents a share last year. Revenue rose 1 percent to $121.05 million. Analysts had expected profit of 37 cents a share on revenue of $121.03 million.

Blue Coat Systems expects third quarter adjusted earnings of 33 cents to 39 cents a share and revenue of $121 million to $128 million. Wall Street expects profit of 40 cents a share on revenue of $126.54 million. The company also announced approval for a program to repurchase up to $50 million of its common stock.

Whole Foods Market, Inc. (WFMI) decreased 1.43 percent to $45.38 in the pre-market session.

DryShips, Inc. (DRYS) moved down 1.07 percent to $5.53 in the pre-market trading.

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