Rightmove drops from FTSE 100, dragging battered shares back into focus
Rightmove will drop out of the FTSE 100 and join the FTSE 250 after June 19, following a sustained fall in market value. Shares closed Friday at 437.60p, down 0.20%. UK house prices fell for a third straight month in May, weighing on property stocks. Rightmove’s stock remains nearly 47% below its 52-week high.
