Costain’s shares slump below £1

By Hamish Champ2020-03-12T13:00:00

Contractor’s stock continues to fall after yesterday’s losses and rights issue announcements

Shares in Costain fell below £1 today, a record low for the contractor, after its stock plummeted 34% yesterday in the wake of news that it went into the red last year.

The latest share dive, down 17% to 88p at 2pm today, values the loss-making firm at just £96m.

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