- Trainline and FirstGroup shares fall
- Analysts think the policy is already priced in
Labour's newly announced plan to shake up the UK rail system has hit the shares of FTSE 250 rail businesses over the past week, but the market seems to have overreacted to the policy threat.
The shares of digital train ticket business Trainline (TRN) and the UK's biggest rail operator, FirstGroup (FGP), fell by 14 per cent and 4 per cent, respectively, in the week to 1 May as investors have fretted about talk of rail nationalisation.