Why the A2 Milk Company Ltd (ASX:A2M) share price is falling

The A2 Milk Company Ltd (ASX: A2M) share price is down again today

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The A2 Milk Company Ltd (ASX: A2M) share price is down 3.6% to $9.43 at the time of writing after a day of declines yesterday.

Considered a sought-after growth stock, any dip in the A2 Milk share price has punters scrambling for buy-ins and if its latest trading update is anything to go by its core businesses of fresh milk and Chinese infant formula are growing strongly.

Volatility in the A2 Milk share price is likely down to concerns about increased competition in China, but overall the company has pretty solid fundamentals and there doesn't look to be too many headwinds on the horizon.

Baby formula peer Bellamy's Australia Ltd's (ASX: BAL) share price has also been stuck in reverse of late.

The Bellamy's share price is down 3.7% to $7.78 at the time of writing after spending the second half of the 2018 calendar year in decline.

A lesser-known contender in the sector is Wattle Health Australia Ltd (ASX: WHA) but its share price is also struggling.

The Wattle Health share price has dropped 1.8% today to $1.05 after a period of decline since April.

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