Why A2 Milk, Cooper Energy, IDP Education, and Tyro shares are dropping today

MotleyFool10-15

It has been another positive session for the S&P/ASX 200 Index (ASX: XJO) on Tuesday. At the time of writing, the benchmark index is up 0.7% to 8,312.2 points. Four ASX shares that have failed to ...

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At the time of writing, the benchmark index is up 0.7% to 8,312.2 points. Four ASX shares that have failed to ...</p>\n\n<a href=\"https://www.fool.com.au/2024/10/15/why-a2-milk-cooper-energy-idp-education-and-tyro-shares-are-dropping-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7033","symbol_name":"数据处理与外包服务","start_time":0,"source_url":"https://www.fool.com.au/2024/10/15/why-a2-milk-cooper-energy-idp-education-and-tyro-shares-are-dropping-today/","article_id":"2475320442","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475320442","pubTimestamp":1728953800,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"It has been another positive session for theS&P/ASX 200 Index (ASX: XJO) on Tuesday. At the time of writing, the benchmark index is up 0.7% to 8,312.2 points. Four ASX shares that have failed to follo","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7033":"数据处理与外包服务","TYR.AU":"TYRO PAYMENTS LTD","A2M.AU":"A2 MILK CO LTD","BK7142":"石油与天然气的勘探与生产","IEL.AU":"IDP EDUCATION LTD","BK7505":"食品股","BK7158":"交易和支付处理服务","COE.AU":"COOPER ENERGY LTD","BK7141":"包装食品与肉类","BK7500":"支付概念","XJO.AU":"标普/澳交所 200指数","BK7132":"教育服务"},"translate_title":"为什么A2 Milk、Cooper Energy、IDP Education和Tyro股价今天下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"A2M.AU":1,"COE.AU":1,"IEL.AU":1,"TYR.AU":1,"XJO.AU":1},"content_text":"It has been another positive session for the S&P/ASX 200 Index (ASX: XJO) on Tuesday. At the time of writing, the benchmark index is up 0.7% to 8,312.2 points. Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling: A2 Milk Company Ltd (ASX: A2M) The A2 Milk share price is down almost 2% to $6.30. This appears to have been driven by a broker note out of Bell Potter this morning. According to the note, the broker has downgraded the infant formula company's shares to a sell rating with a $6.10 price target. Its analysts said: \"We downgrade from Hold to Sell. The recent share price rally, triggered by expectations of strong Chinese stimulus announcements sees A2M trade at 17.5x FY25e EBITDA, which represents a 115% premium to global IMF plays and 51% premium to Dairy FMCG plays.\" Cooper Energy Ltd (ASX: COE) The Cooper Energy share price is down almost 4% to 20.7 cents. This follows the release of the energy company's quarterly update this morning. Although Cooper Energy delivered record quarterly production and revenue, it seems that the market was expecting even stronger numbers. The company's first quarter production increased 17% over the previous quarter, underpinning a 15% increase in revenue to $65.8 million. IDP Education Ltd (ASX: IEL) The IDP Education share price is down 3.5% to $14.26. Investors have been selling this language testing and student placement company's shares following the release of its annual general meeting presentation. At the event, management warned that \"we anticipate international education student volumes in our markets will decline 20-25% in the year ahead.\" Though, it highlights that \"with the combination of our expert people and leading technology, we stand ready to grow our share.\" Tyro Payments Ltd (ASX: TYR) The Tyro Payments share price is down 13% to 78.5 cents. This has been driven by news that the Federal Government is planning to crack down on card surcharges. According to the ABC, the government says it is prepared to ban debit card surcharges from January 2026, subject to a review underway by the Reserve Bank. It is now tasking the Australian Competition and Consumer Commission with looking out for illegal and unfair surcharging practices This could be bad news for payment companies like Tyro and could put pressure on its margins, which improved ahead of the market's expectations in FY 2024.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475320442"}