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Why Australian Ethical, Northern Star, ResMed, & TPG Telecom are dropping lower – Motley Fool Australia

ResMed Inc. (ASX:RMD) and TPG Telecom Ltd (ASX:TPG) shares are two of four dropping notably lower on Friday. Here’s why…

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The S&P/ASX 200 Index (ASX: XJO) is on course to finish the week with a day in the red. In late morning trade the benchmark index is down 0.45% to 6,015.6 points.
Four shares that have fallen more than most today are listed below. Here’s why they are dropping lower:
The Australian Ethical Investment Limited(ASX: AEF) share price has crashed 15% lower to $5.09. This follows an announcement by IOOF Holdings Limited(ASX: IFL) which revealed that it has sold down its stake in the ethical inves…

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