These 3 shares are this week's biggest fallers of the ASX 200

It's been a good week for S&P/ASX 200 Index (ASX: XJO) shares. The index has gained 2.05% since Monday. But these …

| More on:
A stockmarket chart on a red background with an arrow going down, indicating falling share price

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It's been a good week for S&P/ASX 200 Index (ASX: XJO) shares. The index has gained 2.05% since Monday.

But these 3 stocks are proving there will always be bumps in the road for ASX-listed companies – no matter how big.

Let's take a closer look at what's been happening with the ASX 200's worst performing shares this week.

3 ASX 200 shares that fell this week

Costa Group Holdings Ltd (ASX: CGC) – down 21%

Yesterday was a particularly bad day for the Costa Group share price.

It fell a whopping 23.32% over the course of the day, following its annual general meeting update.

Despite its performance during the first half being better than the previous comparable period, the market expected greater results.

The Costa Group share price is ever so slightly bouncing back today. Currently, it's up by 0.59% with shares in the company trading for $3.39.

Right now, Costa Group has a price-to-earnings (P/E) ratio of 29.33.

Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) – down 12%

Despite releasing what looked to be extremely positive full year results yesterday, the Fisher & Paykel share price closed 6% lower than the previous session.

The medical device company reported a 56% increase in operating revenue and an 82% jump in net profit after tax but declined to provide any future guidance.

Fisher & Paykel stated this was because the market was too uncertain.

Right now, shares in the ASX 200 company are trading for $27.35.

The company now has a P/E ratio of 47.17.

CSR Limited (ASX: CSR) – down 7%

The CSR share price is having a bad day today, having fallen 5.4% at the time of writing.

The drop is mostly due to the building materials company's shares trading ex-dividend

Having started the week swapping hands for $5.98, CSL shares are now trading for $5.57.

CSR has a P/E ratio of 19.65

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Fallers

Person with thumbs down and a red sad face poster covering the face.
Share Fallers

Why Domino's, Lynas, Paladin Energy, and St Barbara shares are sinking today

These shares are having a tough session. What's going on?

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Amcor, Boss Energy, Brickworks, and Mineral Resources shares are tumbling today

These shares are starting the week in the red. But why?

Read more »

Person with thumbs down and a red sad face poster covering the face.
Share Fallers

The worst 3 ASX 200 stocks to buy and hold in October unmasked

You would have done well to avoid these three ASX 200 stocks in October.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why AFT, Amcor, Corporate Travel, and Macquarie shares are falling today

These shares are ending the week in the red. But why?

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why AGL, Imugene, Star, and Woolworths shares are dropping today

These shares are dropping on Thursday. Let's see why investors are selling them.

Read more »

A young man punches the air in delight as he reacts to great news on his mobile phone.
Share Fallers

Why Corporate Travel Management, JB Hi-Fi, Mineral Resources, and Syrah shares are rising

These shares are having a strong session. Why are investors buying their shares?

Read more »

A guys points his fingers down.
Share Fallers

Why Brainchip, Cettire, Star, and Woolworths shares are being sold off today

These shares are having a difficult time on hump day. But why?

Read more »

Three guys in shirts and ties give the thumbs down.
Share Fallers

Why Black Cat, BlueScope, Cettire, and Coronado shares are falling today

These shares are missing out on the good times on Tuesday. But why?

Read more »