Dow replacing Exxon Mobil with Salesforce

[tsptalk]

Exxon Mobil replaced by a software stock after 92 years in the Dow is a 'sign of the times'

KEY POINTS

Exxon Mobil’s been in the Dow in some form since 1928, but its tenure as the longest-serving component is coming to an end.

On Monday S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years.

Exxon will be replaced by Salesforce. Amgen and Honeywell International are replacing Pfizer and Raytheon Technologies.

https://www.cnbc.com/2020/08/25/exx...-years-in-the-dow-is-a-sign-of-the-times.html


More replacements: https://www.marketwatch.com/story/s...-raytheon-move-lower-2020-08-25?mod=home-page

 

[Bullitt]

How is GE still in the Dow? One of the most poorly run companies in the past 20 years. Stock price shows it too.

 

[Bullitt]

What am I talking about? GE has been out for a while now. HON should have replaced GE, but I think WBA replaced GE at the time. Raytheon, booted after four months thanks to their bungled merger with UTX.