Uber to replace JetBlue Airways in Dow Jones Transportation Average

S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average and Dow Jones Transportation Average effective prior to the open of trading on Monday, February 26. Uber Technologies Inc. (UBER) will replace JetBlue Airways Corp. (JBLU) in the Dow Jones Transportation Average. This change will help the index gain exposure to the ride sharing industry. The index change was prompted by JetBlue’s low weight in the index of less than one-half of one percentage point caused by its low share price. The Dow Jones Transportation Average is a price weighted index, and thus very low-priced stocks have an immaterial impact on the index.