A surprising tech company could be next to join the Dow - News Summed Up

A surprising tech company could be next to join the Dow


New York (CNN Business) Chip giant Nvidia is the ninth-most valuable company in the S&P 500 . There's a strong case to be made forjoining the Dow Jones Industrial Average, the most famous of market barometers. It's also higher than the sales expectations for Dow componentsand, and on par with the revenue estimates for software giant, which was added to the Dow last year. Stock split could set up Nvidia for Dow inclusionNvidia, until recently, would have been too expensive for the Dow, which weights the 30 companies it lists by stock price. There are a dozen Dow components that have a stock price higher than that.


Source: CNN July 26, 2021 18:11 UTC



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