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Amazon to replace Walgreens in Dow Industrial Average next week - TL;DR CNBC

Amazon to replace Walgreens in Dow Industrial Average next week

Publishing timestamp: 2024-02-20 18:05:58


Summary

Walmart's stock split led to Amazon replacing Walgreens Boots Alliance in the Dow Jones Industrial Average, giving investors more exposure to consumer retail, advertising, and cloud computing. Amazon's diverse revenue streams and strong performance in various sectors contributed to its inclusion in the index.


Sentiment: NEUTRAL

Tickers: AMZNWMTWBA

Keywords: walgreens boots alliance incamazon.com incbreaking news: marketsbreaking news: technologywalmart incbusiness news

Source: https://www.cnbc.com/2024/02/20/amazon-to-replace-walgreens-in-dow-industrial-average-on-february-26.html


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