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Why Coles, Netwealth, Pro Medicus, & Zip shares are sinking – The Motley Fool Australia

Coles Group Ltd (ASX:COL) and Zip Co Ltd (ASX:Z1P) shares are two of four sinking notably lower today. Here’s why….

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In afternoon trade the S&P/ASX 200 Index (ASX: XJO) looks set to end its winning streak with a disappointing decline. At the time of writing, the benchmark index is down 0.65% to 6,873.2 points.
Four ASX shares that are falling more than most today are listed below. Here’s why they are sinking:
The Coles share price is down almost 6% to $17.15. This follows the release of its half year results this morning. Although Coles delivered a profit result ahead of expectations, investors appear concerned…

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