Ocado (OCDO) Share Price Fall Means Online Grocer Could Exit … – Bloomberg

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Ocado Group Plc, an online grocer and maker of automated warehouses, is on track to be booted out of the UK’s top equity index in what would be another blow to the country’s goal of becoming a technology hub by 2030.
The market value of Ocado has fallen so much that its set to be deleted from the UK’s FTSE 100 Index in the latest review, according to indicative results announced Tuesday by London Stock Exchange Group Plc’s FTSE Russell unit. Engineering company IMI Plc could join the index, the firm said.


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