Home / Business and Economy / FTSE 100 Under Threat: Easyjet, Rightmove, Hikma Face Ouster
FTSE 100 Under Threat: Easyjet, Rightmove, Hikma Face Ouster
2 Mar
Summary
- Three companies face FTSE 100 removal within two trading days.
- Easyjet, Rightmove, and Hikma Pharmaceuticals' shares have declined significantly.
- Hikma's shares dropped nearly 17% after forecasting slower revenue growth.
Easyjet, Rightmove, and Hikma Pharmaceuticals are in a critical two-day window to prevent their removal from the FTSE 100 index. Their inclusion is threatened by substantial drops in share prices, with the final decision to be confirmed on Wednesday, based on closing prices tomorrow.
FTSE Russell, the index provider, had previously flagged Easyjet and Rightmove as being at risk due to significant value slumps. More recently, Hikma's shares saw a steep decline of nearly 17% in a single trading session, reaching their lowest point in over three years following a forecast of slower annual revenue growth.
These three prominent companies are currently at risk of falling into the FTSE 250 index. However, they still have two crucial trading days remaining to improve their market performance and avoid this demotion.
