The S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a solid gain. At the time of writing, the benchmark index is up 0.35% to 8,219.8 points.
Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:
Image source: Getty Images
Healius Ltd (ASX: HLS)
The Healius share price is down over 26% to $1.13. The catalyst for this has been the healthcare company's shares going ex-dividend this morning for its upcoming special dividend. Earlier this week, the company revealed that it is returning $300 million to shareholders through a fully franked special dividend of 41.3 cents per share. This follows the completion of the sale of Lumus Imaging to funds managed by Affinity Equity Partners. Eligible shareholders can now look forward to receiving this massive dividend in two weeks on 23 May.
Light & Wonder Inc (ASX: LNW)
The Light & Wonder share price is down a further 4% to $127.58. Investors have been selling this gaming technology company's shares since the release of its first quarter update this week. Light & Wonder posted a 2.8% increase in total revenue to US$774 million for the quarter, which fell short of the consensus estimate of US$805 million. One positive, though, is that management reaffirmed its guidance for consolidated AEBITDA of US$1.4 billion for FY 2025.
REA Group Ltd (ASX: REA)
The REA Group share price is down over 1% to $246.95. This follows the release of the property listings company's third quarter update this morning. For the three months ended 31 March, REA Group reported a 12% increase in revenue to $374 million and a 12% lift in EBITDA. However, the latter was a touch short of expectations. In response to the update, the team at Goldman Sachs commented: "REA delivered an inline 3Q25 update, with Sales/EBITDA +12%/+15% vs. pcp and +0%/-2% vs. GSe."
Regis Resources Ltd (ASX: RRL)
The Regis Resources share price is down 2% to $4.76. Investors have been selling this gold miner's shares following a pullback in the gold price overnight. Traders were selling down the precious metal after the US and UK signed a trade deal. This has sparked hopes that more deals may be signed. It isn't just Regis Resources that is falling in the gold sector today. The S&P/ASX All Ordinaries Gold index is down 2.1% at the time of writing.
