"Amazon's Inclusion in the Dow Jones Industrial Average Signals a New Era on Wall Street"

TL;DR Summary
Amazon is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance, as a result of a stock split by Walmart. The inclusion of Amazon, a major e-commerce player, will cause a ripple effect on the weighting of Dow stocks, with Amazon's weight ranking 17th out of 30 stocks once the shift is completed.
- Amazon Just Made It to the Big Time on Wall Street Newser
- Amazon officially joins the Dow Jones Industrial Average, booting out Walgreens CNN
- It's time to get rid of the 'Magnificent Seven' moniker, according to Wolfe Research CNBC
- The Dow's Amazon-Walmart-Walgreens shakeup is a reminder why it's no longer the benchmark Yahoo Finance
- Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average The Associated Press
Reading Insights
Total Reads
0
Unique Readers
12
Time Saved
2 min
vs 2 min read
Condensed
85%
365 → 56 words
Want the full story? Read the original article
Read on Newser