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Feb 21, 02:40 PM
Walgreens Shares Drop 2.7% as Amazon Replaces It in Dow; Salesforce Replaced Exxon in 2020, Performance Compared
Economics
Business

Walgreens Shares Drop 2.7% as Amazon Replaces It in Dow; Salesforce Replaced Exxon in 2020, Performance Compared

Authors
  • Reuters
  • CNBC
  • Yahoo Finance
6

Walgreens shares fell by 2.7% pre-market after losing its spot in the blue-chip Dow index to Amazon. This change is seen as a sign of tech-inspired adjustments to the key gauge, with Salesforce replacing Exxon in 2020. The performance of Walgreens Boots Alliance in the Dow has been compared to the Dow ETF.

Written with ChatGPT (GPT-3).

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