Bye Bye General Electric

General Electric will be dropped from the Dow Jones Industrial Average next week. GE was an original member of the Dow Jones Industrials dating back to 1896 and has been a continuous member since 1907. In a statement GE said “We are focused on executing against the plan we’ve laid out to improve GE’s performance. Today’s announcement does nothing to change those commitments or our focus in creating a stronger, simpler GE.” The company is being replaced by Walgreens Boots Alliance.

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