Friday, March 6, 2015

Apple To Join The Dow Jones

The technology company will replace AT&T.

The widening gulf between the interests of Silicon Valley and Wall Street closed a bit today: In a long anticipated move, Apple, the world's most valuable company, will join the Dow Jones Industrial Average later this month. The Wall Street Journal reports that the Cupertino-based technology company will replace telecom giant AT&T in the index as it reshuffles "pending a 4-for-1 stock split by Dow component Visa Inc." The change will take place on March 18.

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