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Why these 4 shares have tumbled today

The S&P/ASX 200 (Index: ^AXJO) (ASX:XJO) is rallying strongly today thanks to a very positive lead from Wall St.

The benchmark index has gained 1.1% to 5,768 points and every sector, with the exception of the telecommunications sector, is trading in positive territory.

Unfortunately, a handful of shares have totally missed out on today’s rally, including:

Telstra Corporation Ltd (ASX: TLS)

After trading ex-dividend yesterday, the Telstra share price has dropped another 1.7% today to $4.56. The shares are now trading at levels not seen since January 2013 and this comes on the back of a pretty disappointing half-year result. Today’s move down is probably a result of investors ditching the shares and waiting for the next dividend in six months’ time.

iSentia Group Ltd (ASX: ISD)

The iSentia share price has continued on its downward slope today, losing another 2.7% to $1.46. The media monitoring and intelligence company bombed-out after delivering a terrible first-half result and it doesn’t appear as though the shares will be receiving a great deal of support anytime soon. The shares have now lost nearly 50% of their value since the result was announced and this has left iSentia with a market capitalisation of less than $300 million.

Sydney Airport Holdings Ltd (ASX: SYD)

The Sydney Airport share price has crashed around 2% today, despite the absence of any news from the company. It appears the prospect of a March U.S interest rate hike is weighing on the shares along with a number of other ‘bond-proxies’ including the likes of Transurban Group (ASX: TCL). Unfortunately, higher interest rates negatively impact shares like Sydney Airport and Transurban as their dividend yields become less attractive and investors demand a higher return in exchange for the higher risks associated with owning equities.

Hansen Technologies Limited (ASX: HSN)

The Hansen Technologies share price has fallen 1.6% today as investors continue to digest the billing company’s weaker-than-expected first-half result. The shares have now lost around 22% of their value since the result and are currently trading at 15-month lows. Although some investors were disappointed with the result, Hansen still operates a very attractive business model which should deliver consistently higher earnings over time. As a result, investors may want to take another look at Hansen at around these prices.

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Motley Fool contributor Christopher Georges has no position in any stocks mentioned. The Motley Fool Australia owns shares of Hansen Technologies. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.