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Amazon.com to join Dow Jones Industrial Average, replacing Walgreens
The Fly

Amazon.com to join Dow Jones Industrial Average, replacing Walgreens

S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average effective prior to the open of trading on Monday, February 26. Amazon.com (AMZN) will replace Walgreens Boots Alliance Inc. (WBA) in the Dow Jones Industrial Average. Reflecting the evolving nature of the American economy, this change will increase consumer retail exposure as well as other business areas in the DJIA. The index change was prompted by DJIA constituent Walmart Inc.’s (WMT) decision to split its stock 3:1, which will reduce Walmart’s index weight due to the price weighted construction of the index. Walmart will remain in the DJIA.

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