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Big Yellow Shares Drop 13 Percent

08/14/2008
Share value of Big Yellow Group, the U.K.'s largest self-storage operator, dropped 13 percent, the biggest decline since the company began trading on the London stock exchange in May 2000, Bloomberg reported. The drop was a result of a 5.7 percent decline of the FTSE 350 Real Estate Index in trading, the largest drop since Nov. 21, 2007. At one stage, the index had fallen the most in almost 21 years after sliding 3 percent in an hour. For more information, visit http://www.bigyellow.co.uk.

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