Fallen dotcom darling Baltimore Technologies will be knocked out of London's main index of medium-sized firms by budget retailer Woolworths after seeing its share price plummet by 98 per cent.
Irish security firm Baltimore, which was twice included in the elite FTSE 100 listing of blue-chip stocks, will be edged out of the FTSE 250 next Tuesday when Woolworths is spun off as a separate company by its parent Kingfisher.
FTSE representatives valued Woolworths at £300m.
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