- EchoStar (SATS) shares drop after the company reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network.
- Elf Beauty (ELF) shares sink after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates. 
- CarMax (KMX) shares slump after the company terminated its chief executive over lagging sales and its' earnings missed analyst estimates.

- EchoStar (SATS) shares drop after the company reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk&rsquo;s SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network. - Elf Beauty (ELF) shares sink after the cosmetics company&rsquo;s full-year outlooks for adjusted earnings per share and net sales both missed analysts&rsquo; estimates. - CarMax (KMX) shares slump after the company terminated its chief executive over lagging sales and its' earnings missed analyst estimates.

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EchoStar Drops, Elf Beauty Sinks, CarMax Slumps After Terminating CEO

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