Why Snap, Teradyne, and Owens Corning Slumped Today

Wednesday was an up-and-down day on Wall Street. Major benchmarks started the day sharply lower as concerns about rising interest rates continued to swirl among those following the financial markets. Investors then seemed to get more comfortable with the current state of affairs, leading to a rebound, but further volatility left the Dowwith only modest gains by the end of the session.

Some bad news from key companies also weighed on overall sentiment. Snap (NYSE: SNAP), Teradyne (NYSE: TER), and Owens Corning (NYSE: OC)were among the worst performers on the day. Here's why they did so poorly.