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Started By
Message
Apple will replace AT&T on Dow Jones on March 18th
Posted on 3/6/15 at 7:11 pm
Posted on 3/6/15 at 7:11 pm
quote:
Apple will be joining the Dow Jones Industrial Average, according to S&P Dow Jones (via The Wall Street Journal). Apple will be added to the Dow Jones at the close of trading on March 18, replacing AT&T as one of 30 members on the major price-weighted index. Apple is listed on Nasdaq with a pre-market share price hovering around the $128 mark as of this writing.
“Apple is the clear choice for the Dow Jones Industrial Average, the most recognized stock market measure,” says David M. Blitzer, chairman of the Index Committee at S&P Dow Jones Indices.
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2
Posted on 3/6/15 at 8:34 pm to Street Hawk
Apple to $53 trillion by Fall 2017.
Posted on 3/7/15 at 7:04 am to Street Hawk
Does it really mean anything to apple? If anything it hurts ATT and helps the Dow stay relevant.
Posted on 3/7/15 at 1:39 pm to C
quote:
Does it really mean anything to apple?
Any index funds tracking the Dow will now need to purchase shares of AAPL.
This post was edited on 3/7/15 at 2:28 pm
Posted on 3/7/15 at 2:26 pm to Hand
Tinfoil Hat [on]off
I've been thinking -- and that's never a good thing. When AAPL was dropping, the pundits were saying, "Love the company. Hate the stock."
I'm beginning to take the opposite position. Love the stock. Hate the company.
The rate of change since the introduction of these types of devices has been off the charts. As long as there are inefficiencies in the world, there's jobs to be had and money to be made. Devices like these, the internet, robotics, are stripping too many inefficiencies out of too many markets.
I'm starting to worry from a wage deflation standpoint. I'm starting to worry from a structural labor standpoint. I'm starting to worry from a behavioral sink standpoint.
Tinfoil Hat on[off]
I've been thinking -- and that's never a good thing. When AAPL was dropping, the pundits were saying, "Love the company. Hate the stock."
I'm beginning to take the opposite position. Love the stock. Hate the company.
The rate of change since the introduction of these types of devices has been off the charts. As long as there are inefficiencies in the world, there's jobs to be had and money to be made. Devices like these, the internet, robotics, are stripping too many inefficiencies out of too many markets.
I'm starting to worry from a wage deflation standpoint. I'm starting to worry from a structural labor standpoint. I'm starting to worry from a behavioral sink standpoint.
Tinfoil Hat on[off]
This post was edited on 3/7/15 at 2:29 pm
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