Amazon Joining Dow Jones Industrial Average, Replacing Walgreens After Stock Split
• Amazon.com (AMZN) joining the Dow Jones Industrial Average, replacing Walgreens Boots Alliance (WBA) • Change effective February 26, 2023 at market open • Inclusion reflects evolving consumer retail exposure and other business areas in the Dow • Prompted by upcoming 3-to-1 stock split from Walmart (WMT) • Amazon stock up 81% in 2023 and 11% in 2024 with $1.7 trillion market cap