AAPL stock split prompts Dow Jones rejig: Exxon out, tech companies in
The upcoming 4-for-1 AAPL stock split has prompted a rejig of the Down Jones Industrial Average. Oil giant Exxon, aerospace company Raytheon, and big pharma firm Pfizer have all been removed from the 30-stock index, and replaced with three tech companies.
The reason is down to an oddity in the way the index works …
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