Apple, the world’s most valuable company, will be calculated in the Dow Jones Industrial Average index starting later this month, the Wall Street Journal reported on Friday. The move has been a long time coming, and was likely made possible by last year’s 7-for-1 stock split which significantly reduced the per-share price of Apple, making it easier to fold into the price-weighted blue chip index. [company]Apple[/company] will replace [company]AT&T[/company] in the prestigious group of thirty major American companies. Apple is currently traded on the Nasdaq and shares were trading at $125.41 at the time of publication.
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