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Amazon is set to replace Walgreens in the Dow Jones Industrial Average, joining other companies like Apple and Walmart. The move is expected to increase the Dow's exposure to retail and other market areas. The change is scheduled to take effect on Monday, February 26, following Walmart's 3-for-1 stock split that triggered Amazon's entry into the index.
Walmart $WMT has begun trading at its post-split price after completing their 3-for-1 stocks split, now trading around $59 per share. #walmart #stocks https://t.co/3WxAUYnBi0
⚠️ *AMAZON WILL REPLACE WALGREENS IN THE DOW JONES INDUSTRIAL AVERAGE STARTING FROM TODAY $AMZN $WBA https://t.co/HzksTZXEjt
Amazon joins the Dow Monday, giving the 127-year old index a needed upgrade as it trails the S&P 500 https://t.co/HBfiIyMtlg
