Carillion's share price dropped from 192p in July to 45p by the end of August 2017, taking its market capitalisation from almost # 1bn to less than # 250m; as a result, the contractor was demoted from the FTSE 250 Index.
Carillion's share price dropped from 192p in July to 45p by the end of August 2017. Carillion's share price was taking its market capitalisation from almost # 1bn to less than # 250m. The contractor was demoted from the FTSE 250 Index. This was as a result.