Ocado faces demotion from FTSE 100 as shares fall
// Ocado Group is set to be ejected from the FTSE 100 this week
// The group which made a £21bn debut on the stock exchange in 2020 is now worth less than £4bn.Ocado Group is facing a demotion from London’s leading share index after its shares slumped even further.
The online grocer’s stock market value has more than halved in the past 12 months and is expected to drop down into the FTSE 250 this week, according to data from FTSE Russell.
Inflationary pressures and r
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