0711 GMT - Aston Martin's eight-year stay in London's midcap FTSE 250 index is coming to an end. The FTSE 250 comprises the 101st to the 350th most highly capitalized companies listed on the London Stock Exchange. The luxury car maker joined the index at the end of 2018, months after its IPO. Its shares are down 18% over past three months and 46% lower over the year to date. The company's removal from the index comes as part of index provider FTSE Russell's quarterly index rebalancing, and will be implemented at the close of business on Sep. 18. Aston Martin shares fall 1.7% to 33.78 pence.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.