Why Carnival, Tarena International, and Genesco Slumped Today

Tuesday was a calm day on Wall Street, with several major benchmarks posting modest gains while others stayed closer to the unchanged mark. Market participants generally seemed ready to take a pause in trends over the past several days, as crude oil prices bounced back from their recent drop to climb above $65 per barrel while interest rates eased slightly lower.

Yet despite a resilient market that largely avoided most downward pressure, some individual stocks weren't as lucky. Carnival (NYSE: CCL) (NYSE: CUK), Tarena International (NASDAQ: TEDU), and Genesco (NYSE: GCO)were among the worst performers on the day. Here's why they did so poorly.