Easyjet, Rightmove and Hikma Pharmaceuticals have just two days to save their status as FTSE 100 companies after a sharp fall in their share prices.
The latest reshuffle of London’s main indexes is based on closing share prices tomorrow with the results confirmed on Wednesday.
FTSE Russell, the global index provider, last week warned that Easyjet and Rightmove were at risk of relegation having seen their values slump.
Days later, Hikma shares tumbled nearly 17 per cent in a single session to the lowest in more than three years after the drugmaker forecast slower annual revenue growth.
Fall: Easyjet, Rightmove and Hikma Pharmaceuticals have just two days to save their status as FTSE 100 companies
The three companies are at risk of falling into the FTSE 250 – but they have two days of trading left to avoid the drop.
Shares in the property website Rightmove are down 12 per cent this year and 30 per cent in the past 12 months – leaving it valued at £3.4billion.
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