The S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) index is up around 0.8% in afternoon trade on a rare up day in 2016, although some shares are falling for a variety of reasons. Let’s take a look at what may be behind the price action around some of today’s big fallers.

Fairfax Media Limited (ASX: FXJ) shares are down 2 cents or 2.3% this afternoon despite the company releasing no specific news to the market. The business’s metro print advertising revenues continue to fall as it adjusts to structural changes in the media industry. Its core growth asset real estate website Domain.com.au is growing fast with overall revenue up 68% in FY16 year to date and could potentially be floated on the stock market in the year ahead.

Select Harvests Limited (ASX: SHV) is the almond grower that has seen its shares collapse in half over the last six months and fall 3.2% today to $5.74 at a new 52-week low. The company released no specific news to the market today, but the shares have been sliding as the outlook for almond prices reportedly softens due to changing supply and demand dynamics impacted by global weather patterns.

Empired Ltd (ASX: EPD) has crashed more than 34% this morning after the IT specialist reported a series of one off costs for the first half of the financial year would impact trading results. As a consequence EBITDA margin for the period is expected at 1% to 2% of revenue, which is expected to be in the region of $79 million for FY16. The company did not provide much detail around the reasoning for the substantial one-off costs, although they have clearly rattled investors with today’s huge price falls.

Incitec Pivot Ltd (ASX: IPL) shares are down 8.9% today to $3.06, despite the company releasing no specific news to the market. The explosives and fertiliser maker has struggled due to falling capital and investment expenditure across the commodities and energy sector. This as US shale energy producers cut back on exploration activity for example. The stock is now at a 52-week low in a situation that reflects a seemingly tough outlook.

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