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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.
Amazon addition helps Dow stay 'relevant' https://t.co/fcAb2YFkS8 by @_JoshSchafer
The performance of Walgreens Boots Alliance (black) since it was added to the Dow. The Dow ETF is in blue. https://t.co/sD70Bhl5t8
Walgreens drops after losing spot in blue-chip Dow index https://t.co/9r7a5nHdWv https://t.co/Ff0FOlGN1j
