The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has followed the lead of international markets and is notably higher in afternoon trade. At the time of writing the benchmark index is up 0.5% at 6,013 points.
Four shares which haven't been able to follow the market higher today are listed below. Here's why they have crashed lower:
The Ainsworth Game Technology Limited (ASX: AGI) share price has continued to sink lower, this time by a further 8% to $1.99. Yesterday the gaming technology company provided the market with a weak trading update at its annual general meeting. I would avoid Ainsworth for the time being.
The Collins Foods Ltd (ASX: CKF) share price has sunk 5.5% to $5.90 after releasing a weak half-year result. Despite sales increasing strongly, the KFC operator delivered just a 3.7% lift in underlying net profit excluding one-off costs.
The SEEK Limited (ASX: SEK) share price has fallen almost 2.5% to $18.95 on the day of its annual general meeting. Although the company reported that its EBITDA growth year-to-date was ahead of expectations, it also advised that its net interest expense was higher than expected due to higher debt on Zhaopin's balance sheet.
The Slater & Gordon Limited (ASX: SGH) share price has plunged 21% to 4.1 cents after the embattled law firm reminded shareholders how dilutive the recapitalisation process would be. Management appeared to be concerned that shareholders didn't fully understand after its shares rallied 39% higher on Tuesday.
