Why A2B, Alumina, Healius, and Nuix shares are dropping today

These ASX shares are having a tough time on Friday. What's happening?

| More on:
a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.

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

The S&P/ASX 200 Index (ASX: XJO) is having a subdued finish to the week. In afternoon trade, the benchmark index is down 0.15% to 7,495.6 points.

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

A2B Australia Ltd (ASX: A2B)

The A2B share price is down 33% to $1.41. This has been driven by the taxi payments company's shares going ex-dividend today for a special dividend. A2B, formerly known as Cabcharge, is paying shareholders 60 cents per share on 30 January. These funds were raised from the sale of 9-13 O'Riordan Street, Alexandria for $78 million.

Alumina Limited (ASX: AWC)

The Alumina share price is down 2.5% to $1.10. This is likely to have been driven by profit-taking from investors after the alumina producer's shares raced higher earlier this week. Investors were fighting to get hold of the company's shares after its partner, Alcoa (NYSE: AA), decided to curtail production at the loss-making Kwinana operation.

Healius Ltd (ASX: HLS)

The Healius share price is down 5% to $1.50. This morning, analysts at Morgan Stanley downgraded this healthcare company's shares to an underweight rating with a $1.30 price target. The broker believes that there's significant earnings uncertainty and has doubts over its earnings guidance.

Nuix Ltd (ASX: NXL)

The Nuix share price is down 13% to $1.82. Investors have been hitting the sell button today after the investigative analytics and intelligence software provider released a half-year update. Nuix expects to report annualised contract value (ACV) of $196 million to $199 million for the half. This will be up 15% to 17% over the prior corresponding period. While this means that it is on track to achieve its target in FY 2024, it appears to have fallen short of the market's lofty expectations. Its shares are up more than 150% over the last 12 months.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the 'five best ASX stocks' for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now...

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. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Fallers

Bored man sitting at his desk with his laptop.
Share Fallers

Why Catalyst Metals, Duratec, Nufarm, and Rio Tinto shares are dropping today

These shares are ending the week in the red. 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 Dexus, Mayne Pharma, Nufarm, and Treasury Wine shares are falling today

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

Read more »

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 James Hardie, Mayne Pharma, Nufarm, and Resimac shares are falling today

These shares are having a tough time on hump day. 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 Kogan, Monash IVF, OFX, and ResMed shares are falling today

Why are these shares taking a tumble today? Let's find out.

Read more »

A young male investor wearing a white business shirt screams in frustration with his hands grasping his hair after ASX 200 shares fell rapidly today and appear to be heading into a stock market crash
Share Fallers

Why Appen, DroneShield, Gentrack, and New Hope shares are dropping today

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

Read more »

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 Dexus, Dusk, Fletcher Building, and Paladin Energy shares are falling today

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

Read more »

Couple look at a bottle of wine while trying to decide what to buy.
Consumer Staples & Discretionary Shares

Treasury Wine shares: Buy, hold, or sell? Here's Macquarie's take

What is Macquarie forecasting for Treasury Wine shares amid the CEO’s unexpected exit?

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 Newmont, NRW, Peet, and Treasury Wine shares are dropping today

Let's find out why investors are selling down these shares on Thursday.

Read more »