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Apple too big for the Dow Jones Industrial Average

Anonymous Coward writes | more than 2 years ago

Businesses 0

An anonymous reader writes "Apple is clearly the hottest tech stock on the market right now and the company is clearly at the vanguard of technological innovation. Consequently, many have wondered why Apple isn’t part of the Dow Jones Industrial Average (DOJA).

As it turns out, Apple's astronomical share price effectively prohibits the company from joining the DOJA as it would disproportionately influence the index."

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