Marks & Spencer Appears 'Doomed To Automatic Relegation' From FTSE 100 Index, Says Analyst
Marks & Spencer's current stock market valuation means that the retailer 'looks doomed to automatic relegation' from the blue-chip FTSE 100 index, a leading analyst has said.
Russ Mould of AJ Bell was commenting ahead of a planned reshuffle to the index in the coming days, which is likely to see M&S slip back into the FTSE 250 index.
Stock Market Reshuffle
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