M&S on track to re-enter FTSE 100
What: Marks & Spencer is on track to enter the FTSE 100 after a great performing year and a best performer on the FTSE 250.
Why it is important: M&S is returning to its glory days with its stellar financial performance.
M&S’s shares are up 61%, it has a valuation of GBP 3.97 billion and is close to entering the FTSE 100 depending on the figures announced in November as the FTSE is reshuffled quarterly. Deutsche Bank predicts that M&S will be back in the top 100, a position that it lost in 2019.
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