Amazon Is Joining the Dow Jones Industrial Average
Wed, Feb 21, 2024 9:54 AM

Amazon Is Joining the Dow Jones Industrial Average

A Flip by Riya Sharma
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Amazon is now officially part of the Dow Jones Industrial Average, replacing Walgreens Boots Alliance after a 3-for-1 stock split by Walmart prompted changes to the index. Unlike the S&P 500 and Nasdaq, the Dow is weighted by share price rather than market capitalization. Despite joining at 17th place, Amazon's strong performance has it ranking alongside top players such as Boeing and Salesforc...

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