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Dow Jones Industrial Average History: Why AAPL Just Became Worthy
In the 128-year Dow Jones Industrial Average history, components have changed only 53 times.
Today (Friday) the iconic index announced its 54th Apple Inc. (Nasdaq: AAPL) will replace AT&T Inc. (NYSE: T) on March 19.
AAPL - the most valuable company in the world with a market cap of $732 billion - has long been considered for addition to the Dow.
But there's a good reason why Apple is only just now becoming part of the Dow 30...
In the 128-year Dow Jones Industrial Average history, components have changed only 53 times.
Today (Friday) the iconic index announced its 54th Apple Inc. (Nasdaq: AAPL) will replace AT&T Inc. (NYSE: T) on March 19.
AAPL - the most valuable company in the world with a market cap of $732 billion - has long been considered for addition to the Dow.
But there's a good reason why Apple is only just now becoming part of the Dow 30...