Woodford and Barnett hit as Capita shares plunge 45% following profit warning

Shares at lowest price since 2003

Laura Dew
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Fund managers Neil Woodford and Mark Barnett both hold Capita
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Fund managers Neil Woodford and Mark Barnett both hold Capita

Shares in outsourcing firm Capita, held by managers Neil Woodford and Mark Barnett, have plummeted more than 45% this morning after the troubled firm issued another profit warning.

Shares in the FTSE 250 company, which was demoted from the FTSE 100 last year, fell 45% to 190p; its lowest price since January 2003. They have since risen slightly to 204p. The cause of the drop was...

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