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Why Domino's, Life360, Smart Parking, and South32 shares are falling today


Published on 2024-12-10 21:41:39 - MSN
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  • These shares are having a tough time on hump day. What's going on? The post Why Domino's, Life360, Smart Parking, and South32 shares are falling today appeared first on The Motley Fool Australia.

The article discusses the reasons behind the recent decline in share prices for several companies listed on the ASX. Domino's Pizza Enterprises experienced a significant drop of 29.5% after reporting a 28.3% decrease in net profit after tax to $71.7 million for the first half of the fiscal year, alongside a 2.9% drop in same-store sales. Life360's shares fell by 12.5% due to a reported net loss of $US14.7 million, despite an increase in revenue. Smart Parking's shares decreased by 10.5% following a 20% drop in net profit after tax to $1.3 million, despite a revenue increase. Lastly, South32 saw its shares decline by 6.5% after announcing a 35% reduction in first-half underlying earnings to $US985 million, influenced by lower commodity prices and operational challenges.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/lifestyle/misc/why-domino-s-life360-smart-parking-and-south32-shares-are-falling-today/ar-AA1vDeZA ]