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Carillion

Carillion 'dragged through a hedge fund backwards' - Proactive's John Harrington

Proactive Investors correspondent John Harrington reports on the recent hammering of Carillion PLC (LON:CLLN).

JP Morgan has downgraded the construction services firm to ‘neutral’ from ‘overweight’ on the back of Monday’s trading update in which its chief executive resigned after warning investors that full-year revenues would be lower than expected.

Quick facts: Carillion

Price: £0.14

Market: LSE
Market Cap: £61.1 m
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