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Why Tennant Stock Tumbled Today

TheMotleyFool

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Why Tennant Stock Tumbled TodayPhoto, wide shot, wide-angle lens, Construction equipment, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/96af5505-e3c8-4496-bbb7-e4a5eba91e77.png

Shares of Tennant (NYSE: TNC) slipped on Monday, falling 10.7% by the time the market finally closed at 4 p.m. EDT. Driving down the industrial cleaning equipment company's stock was a significant sell-off in the stock market.

Today's market plunge, resulting from the COVID-19 outbreak and a historic sell-off in oil prices, didn't spare too many stocks. While the S&P 500 closed down 7.6% on the day, many stocks finished even lower, including Tennant.

Image source: Getty Images.

Source Fool.com

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