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In the afternoon trade, S&P/ASX 200 Index (ASX: XJO) is on the course to record a strong advantage. At the time of writing, the benchmark index is up from 1 % to 8,935.9 points.
Four ASX shares that have failed to follow the market today are listed below. Why are they falling here:
The price of 4dmedical shares is less than 5 % to 2.14. It seems that it has been driven by profit from investors after some extraordinary strong benefits last month. For example, even after today’s pullback, shares of the Medical Technology Company have increased by about 180 percent since last month. This performance has been widely operated by positive developments in the US market. This includes US centers of Medicare and Medicated Services (CMS) that confirm its CT: VQ product compensation, which accelerates the market for widespread adoption.
Droneshield Limited (Asx: dro)
The drone shares cost less than 13 % to 9 4.96. It also seems that profit is also driven. Like 4DMEDical, shares of the dronship have recently arrived. Investors are largely blaming the shares because of the news that the European Union wants to build a drone wall across its eastern border. The market is convinced that the droneshield is well positioned to take advantage of the project.
Ramsey Healthcare Limited (ASX: RHC)
Ramsse health care share has dropped from 3 % to $ 31.57. This morning, this morning, Morgan is the cause of a broker’s note outside Stanley. According to the note, the broker has lower the shares of a private hospital operator down at a lower price of $ 31.30. It is highlighted that the industry growth in Australia has slowed down during the second half of the year.
Saturn Metals Limited (Asx: STN)
Shares of Saturn metals cost less than 10 % 62.2 cents. This morning, the gold Explorer revealed that he had received strong promises for a $ 45 million shares in a new share of 58 cents per new. Saturn Managing Director, Ian Bamburo, said: “Saturn is happy and happy with the extraordinary support received by both our current shareholders and new institutions because we continue to develop the Apollo Hill project towards developing and production and production. It will be aimed at taking the next important steps with the Incam, which will enable the exploration of the next important steps. “
