Peugeot's woes worsen, company to be delisted from CAC 40 stock index

After 25 years and having been a member since the CAC 40's inception in 1987, on September 24, French carmaker Peugeot will be officially delisted from France's benchmark stock index. The CAC 40 is a collection of the 40 companies with the "most significant values" among the top 100 firms by market capitalizations listed on Euronext Paris (the French stock market). Peugeot has been struggling, and that's putting it kindly. With a first-half loss this year of €819 million ($1.047B U.S.), its stock is enduring near-26-year lows, having lost more than 60 percent of its value over the past year alone.

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