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 Apple stock starts trading as part of Dow

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Apple stock starts trading as part of Dow Vide
PostSubject: Apple stock starts trading as part of Dow   Apple stock starts trading as part of Dow Icon_minitimeThu Mar 19, 2015 11:50 pm
The world's most valuable company is now a member of the Dow Jones industrial average.

Apple Inc was added to the Dow after the market closed on Wednesday. The Dow will begin trading with Apple stock when the markets open on Thursday.

Created in 1896, the Dow is an index that tracks 30 stocks. It is meant to reflect the US economy and markets.

The iPhone maker replaces AT&T, which was booted from the Dow. The manager of the index, S&P Dow Jones Indices, says it made the change because of a stock split of Visa, another Dow member.

Apple, based in Cupertino, California, has a market value of $US748 billion ($A960 billion).

That's more than double the value of Exxon Mobil, a fellow Dow member and the world's second-most-valuable company.

https://au.finance.yahoo.com/news/apple-stock-starts-trading-part-194717221.html
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