Dow Jones Adds 5th Magnificent Seven Stock
Alphabet joins the Dow Jones Industrial Average, replacing Verizon and marking the fifth 'Magnificent Seven' stock to enter the index.
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📍 How it ended
Alphabet joined the Dow Jones Industrial Average, becoming the fifth Magnificent Seven stock in the index. This addition resulted in the replacement of Verizon.
Epilogue added 8d ago, after coverage quieted.
The brief
Alphabet, the parent company of Google, has been added to the Dow Jones Industrial Average. The company replaces Verizon in the index.
Coverage from the WSJ, CNBC, Barron's, MarketWatch, and Investor's Business Daily emphasizes the transition between the two companies. Investor's Business Daily specifically notes that Alphabet is the fifth stock from the 'Magnificent Seven' group to be included.
Further updates will likely center on the specific timing of the swap and the resulting impact on the index's composition.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 21d ago.
Quick answers
Which company is Alphabet replacing in the Dow Jones Industrial Average?
Alphabet is replacing Verizon.
How many 'Magnificent Seven' stocks are now in the Dow?
Alphabet is the fifth Magnificent Seven stock to join the index.
Which news outlets reported this change?
The change was reported by Barron's, MarketWatch, WSJ, CNBC, and Investor's Business Daily.
Coverage (5)
- Alphabet to Join Dow Jones Industrial Average, Replacing Verizon Barron's · 21d ago
- Alphabet’s stock is set to join the Dow. Here’s which company is getting the boot. MarketWatch · 21d ago
- Google-Parent Alphabet to Replace Verizon in Dow Jones Industrial Average WSJ · 21d ago
- Alphabet added to Dow Jones Industrial Average, replacing Verizon CNBC · 21d ago
- Dow Jones Adds 5th Magnificent Seven Stock Investor's Business Daily · 21d ago
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