Amazon to replace Walgreens in Dow Jones Industrial Average


FILE PHOTO: The logo of Amazon is seen at a logistics centre in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo

AMAZON is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance effective next week, S&P Dow Jones Indices said on Tuesday.

Shares of Amazon rose 1.3% in extended trade after the announcement, while Walgreens dipped 3%.

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