Why DISH Network, Gogo, and Hertz Global Holdings Slumped Today

The stock market dealt with continued volatility on Tuesday, with investors uncertain how to react to a mix of earnings and geopolitical news. Throughout most of the day, market participants were trying to predict whether the Trump administration would move forward with its plans to withdraw the U.S.

from the nuclear deal with Iran, and major benchmarks stayed in a relatively tight range with a downward bias during the morning and early afternoon. After the expected announcement, the Dowfell to a triple-digit loss late in the afternoon, but it recovered by the end of the session. Adding to the gloominess was bad news regarding some key individual stocks. DISH Network (NASDAQ: DISH), Gogo (NASDAQ: GOGO), and Hertz Global Holdings (NYSE: HTZ)were among the worst performers on the day. Here's why they did so poorly.