Why A2 Milk, Marley Spoon, Origin, & Sezzle shares are tumbling lower

These ASX shares are deep in the red today…

| More on:
ASX shares skills shortage downgrade arrow causing the ground to crack symbolising a recession

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

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week in the red. At the time of writing, the benchmark index is down 0.2% to 7,404.1 points.

Four ASX shares that are falling more than most today are listed below. Here's why they are tumbling lower:

A2 Milk Company Ltd (ASX: A2M)

The a2 Milk share price is down 4.5% to $5.86. The weakness in this infant formula company's shares appears to have been driven by another soft quarterly update by smaller rival Bubs Australia Ltd (ASX: BUB). That update revealed that its fourth quarter revenue was down 4% on the prior corresponding period. This led to full year revenue falling 24% year on year.

Marley Spoon AG (ASX: MMM)

The Marley Spoon share price has crashed 22.5% to $2.16 following the release of its second quarter update. Investors have been selling the meal kit delivery company's shares after its update revealed a sharp slowdown in its sales growth. Management advised that this reflects a normalisation in consumer behaviour.

Origin Energy Ltd (ASX: ORG)

The Origin share price has sunk 8% to $4.11. The catalyst for this was the announcement of a $2.2 billion impairment charge. This comprises $1,578 million of post-tax charges relating to Energy Markets goodwill and generation assets, and a tax expense of $669 million relating to a deferred tax liability. Management also warned that its Energy Markets earnings would drop materially in FY 2022.

Sezzle Inc (ASX: SZL)

The Sezzle share price has crashed 11% lower to $7.16. This is despite the release of the buy now pay later provider's strong second quarter update. That update revealed a 118.7% increase in underlying merchant sales and a 122.6% jump in income. This was driven by the almost doubling of its customer numbers over the last 12 months. Today's decline may be due to Amazon's weaker than expected quarterly update.

Should you invest $1,000 in Bank Of Queensland right now?

Before you buy Bank Of Queensland shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Bank Of Queensland wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Marley Spoon AG. The Motley Fool Australia owns shares of and has recommended Marley Spoon AG. The Motley Fool Australia has recommended A2 Milk. 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

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Healius, Light & Wonder, REA Group, and Regis Resources shares are falling today

These shares are ending the week in the red. Let's find out why.

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 ANZ, Brainchip, Light & Wonder, and Pilbara Minerals shares are falling today

These shares are tumbling on Thursday. 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 Aurizon, JB Hi-FI, Nuix, and Platinum shares are tumbling today

These shares are falling on hump day. But why?

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 HMC Capital, Platinum, Sigma, and Skycity shares are dropping today

These shares are having a tough session on Tuesday. But why?

Read more »

Oil worker using a smartphone in front of an oil rig.
Energy Shares

ASX 200 energy shares plunge on shock OPEC move

ASX 200 energy shares like Woodside and Santos are tumbling on Monday. Let’s find out why.

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Brainchip, Helia Group, Reliance Worldwide, and Westpac shares are dropping today

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

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Block, Corporate Travel Management, Judo, and Zip shares are sinking today

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

Read more »

Man with a hand on his head looks at a red stock market chart showing a falling share price.
Share Fallers

These were the worst-performing ASX 200 shares in April

These shares were out of form last month. But why?

Read more »