LONDON -- The FTSE 100 (UKX) has been up and down by small amounts today, and is 12 points down on 5,819 points at the time of writing. The index of London's blue-chip shares has been pretty much going sideways for weeks now.
Still, that's better than heading south, as individual members of the FTSE indices do all the time. Today is no exception, and here are three that are plunging.
Woes at Morgan Crucible
Revenue in the quarter fell around 10% compared to first-half average levels, and it is expected to continue at around that level for the remainder of the year. But at least cash generation remains robust, and net debt is low.
The shares are now more than 35% down from their year high of 360 pence.
But that's not the big news for Scancell -- that would be its 10-bagger performance this year, which has taken the shares up from a price of just 4.75 pence, and lifted the company's market cap to 115 million pounds.
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Builders' merchant Travis Perkins
Perhaps, after a 30% gain on the year so far, the punters were expecting more. Or it might be disappointment that financial director Paul Hampden Smith is to stand down after 17 years in the job, also announced today.
Shock news is never welcome, so why not stick to quality dividend-paying shares the way Neil Woodford does? The free Motley Fool report "8 Shares Held by Britain's Super Investor" takes a look at some of his major holdings. Click here to get your free copy, while it's still available.
Further Motley Fool investment opportunities:
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- What Every New Investor Needs to Know
Alan does not own any shares mentioned in this article.
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