Dow Jones Drops GE, A Member Of The Original Industrial Average In 1896
As recently as 2005, according to Reuters, General Electric was the most valuable publicly traded company in the United States. It will be replaced by the parent company of Walgreens pharmacies.
When the Dow Jones Industrial Average was created more than 120 years ago, it included 12 companies. Nearly all of the names faded away long ago: United States Leather Company, Distilling & Cattle Feeding Co., Chicago Gas Light And Coke Company.
All but one: General
