In afternoon trade the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to continue its solid run and is higher by 0.2% to 5,900 points.
Four shares which haven't been able to push higher with the market today are listed below. Here's why they have fallen lower:
The Altium Limited (ASX: ALU) share price has fallen almost 5% to $10.89 despite there being no news out of the software-as-a-service company. But with its shares up sharply this year, I suspect today's decline could be a case of profit taking.
The Crown Resorts Ltd (ASX: CWN) share price has fallen over 7% to $10.89 amid reports that staff members tampered with casino equipment for the company's benefit. This is just the latest in a string of controversies that have weighed heavily on its shares this year. I would suggest investors avoid Crown at this point.
The Lendlease Group (ASX: LLC) share price has plunged 10.5% to $16.63 following the release of its quarterly update after the market closed yesterday. The underperformance of its Australian construction business appears to have prompted UBS to downgrade its shares from a buy rating to neutral. In addition to this, Goldman Sachs has removed it from its conviction buy list.
The Vocus Group Ltd (ASX: VOC) share price is down 3% to $2.60. Today's decline appears to be a case of profit taking after the telco company's shares rallied over 10% higher on Tuesday despite there being no news out of it. While its shares do look cheap, I wouldn't be a buyer until its performance improves.
