Why Alumina, Delorean, Next Sceince, & Pushpay shares are tumbling lower

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has given back its morning gains and is edging lower. At the time of writing, the benchmark index is down slightly to 6,968 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are tumbling lower:

The Alumina share price is down 3% to $1.75. Investors may have been selling the alumina company’s shares due to concerns about falling prices. According to S&P Global, record high freight is impacting alumina prices. This led to S&P Global warning that alumina may be poised for a bumpy ride during the second quarter of 2021.

Delorean Corporation Limited (ASX: DEL)

The Delorean share price is down almost 17% to 35 cents. Investors appear…