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Why Seagate Technology, Match Group, and Lumber Liquidators Slumped Today

Tuesday was a mixed day on Wall Street for major benchmarks, with some portions of the stock market posting modest gains while others saw losses. Solid earnings performance from many key companies has lifted overall sentiment, but nervousness about the future direction of interest rates and the speed with which the Federal Reserve chooses to tighten monetary policy held back some industries.

Several stocks also had to deal with bad news that pulled down their shares. Seagate Technology(NASDAQ: STX), Match Group(NASDAQ: MTCH), and Lumber Liquidators(NYSE: LL) were among the worst performers on the day. Here's why they did so poorly.

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