The S&P/ASX 200 Index (ASX: XJO) is having a disappointing day on Thursday. In afternoon trade, the benchmark index is down 1.35% to 8,624.7 points.
Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:
Electro Optic Systems Holdings Ltd (ASX: EOS)
The EOS share price is down 4.5% to $10.22. Investors have been selling the defence and space company’s shares after it revealed that the Australian Securities Exchange (ASX) has reviewed its continuous disclosure practices. The ASX has formed the view that a previous announcement by EOS on 15 December 2025 regarding a conditional US$80 million high-energy laser contract failed to adequately describe market sensitive information. The stock exchange operator has directed EOS under Listing Rule 18.8(k) to review its continuous disclosure policy.
GQG Partners Inc (ASX: GQG)
The GQG Partners share price is down a further 2.5% to $1.76. The fund manager’s shares have dropped this week following the release of its latest funds under management (FUM) update. GQG Partners reported a 4.3% increase in FUM to US$172.9 billion during the month of February. However, this was driven by investment performance, which offset net outflows of US$3.2 billion. The company’s net outflows were recorded across all strategies.
Liontown Ltd (ASX: LTR)
The Liontown share price is down 2.5% to $1.59. This has been driven by the release of the lithium miner’s half-year results. Although Liontown more than doubled its revenue to $207.5 million, it recorded a statutory net loss after tax of $184 million. Commenting on its performance, Liontown’s CEO, Tony Ottaviano, said: “Kathleen Valley is now a 100% underground operation. We have delivered a one million tonne per annum underground run-rate on schedule, sold 190,000 tonnes of concentrate across ten shipments, and more than doubled revenue period to period. The underground ramp-up is on track and we expect the second half to be materially stronger as volumes, recoveries, and pricing all continue to improve.”
Temple & Webster Group Ltd (ASX: TPW)
The Temple & Webster share price is down almost 8% to $6.82. This may have been driven by concerns over how the war in the Middle East could impact the online furniture and homewares retailer. With shipping costs surging, there are fears this could hit its profitability in the second half of FY 2026.
The post Why EOS, GQG, Liontown, and Temple & Webster shares are tumbling today appeared first on The Motley Fool Australia.
Should you invest $1,000 in Electro Optic Systems Holdings Limited right now?
Before you buy Electro Optic Systems Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Electro Optic Systems Holdings Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 20 Feb 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Why are EOS shares crashing 10% today?
- Buy this ASX 200 stock for an 11% dividend yield in 2026 and 2027: Morgans
- Liontown shares drop on $184m half-year loss
- Liontown: Production and revenue jump as underground ramp-up continues
- 2 compelling ASX shares experts rate as buys in March
Motley Fool contributor James Mickleboro has positions in Gqg Partners and Temple & Webster Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Electro Optic Systems and Temple & Webster Group. The Motley Fool Australia has recommended Gqg Partners and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.