S&P Dow Jones Indices, which manages the benchmark index of 30 stocks, is adding Salesforce (CRM), Amgen (AMGN) and Honeywell (HON) to the Dow while removing Exxon Mobil (XOM), Pfizer (PFE) and Raytheon Technologies (RTN). The decision was made to balance out the disruption from Apple’s 4 for 1 stock split. The Changes take effect [...]
Archive for the ‘Index Changes’ Category
DowDuPontâ€™s materials science division will spin off from its parent company, becoming the so-called â€œnew Dow,” Monday, April 1. Dow Inc. will replace DowDuPont in the Dow Jones Industrial Average before the U.S. stock market opens Tuesday, April 2. Dow common stock will begin â€œregular-wayâ€ trading on the New York Stock Exchange Tuesday under the [...]
On June 26, 2018, Walgreens Boots Alliance (WBA) replaced General Electric (GE), which had been a component of the DJIA since November 1907, after being part of the inaugural index in May 1896 and much of the 1886 to 1907 period.