Amazon set to join Dow Jones Dow Jones Industrial Average

Reuters
2024.02.20 22:52
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Feb 20 (Reuters) - Amazon.comis set to join the Dow Jones Industrial Average, replacing Walgreens Boots Allianceeffective Feb. 26, S&P Dow Jones Indices said on Tuesday.The change will increase consumer retail exposure as well as other areas in the Dow Jones index and was prompted by Walmart’sdecision to split its stock, S&P Dow Jones Indices said.Shares of Amazon rose 1.6%, while Walgreens fell over 3% in extended trading after the news.Walmart will remain part of the Dow.

Feb 20 (Reuters) - Amazon.com (AMZN.O) is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance (WBA.O) effective Feb. 26, S&P Dow Jones Indices said on Tuesday.

The change will increase consumer retail exposure as well as other areas in the Dow Jones index and was prompted by Walmart’s (WMT.N) decision to split its stock, S&P Dow Jones Indices said.

Shares of Amazon rose 1.6%, while Walgreens fell over 3% in extended trading after the news.

Walmart will remain part of the Dow.

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