Quindell shares down 20% at close after premium listing block

Stock exchange

The value of Quindell’s stock has plummeted by 20% following the revelation the firm would not be able to attain a premium listing.

Trading on the London Stock Exchange closed today at 14p per share, a one-day fall of 20% from a June 10 close of 17.50p.

14p represents is Quindell's worst closing price for more than eight months

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