Down 72%! This FTSE 250 firm could now be a stock market takeover target

Down 72%! This FTSE 250 firm could now be a stock market takeover target

To assess how well the UK stock market is doing, analysts typically measure the performance of its key index, the FTSE 100. Sure, it lags slightly behind the famous S&P 500, but at 58.5%, it’s not bad. Created on TradingView.com Unfortunately, not every listing on the index has been doing so well. Some have fallen off it completely, as happened to online fashion retailer ASOS (LSE: ASC) in June 2023. Now listed on the mid-cap FTSE 250 index, the…