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Why a2 Milk, Service Stream, TPG, & Zip shares are tumbling lower – The Motley Fool Australia

A2 Milk Company Ltd (ASX:A2M) and Zip Co Ltd (ASX:Z1P) are two of four ASX shares tumbling notably lower on Thursday. Here’s why…

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In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to record a strong gain. At the time of writing, the benchmark index is up 1% to 6,847.4 points.
Four ASX shares that have failed to follow the market higher are listed below. Here’s why they are tumbling lower:
The A2 Milk share price has crashed 16% lower to $8.79. Investors have been selling the infant formula and fresh milk company’s shares following the release of its half year results. Although the infant formula and fresh milk…

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