A Few Observations About the Dow’s Latest Change

General Electric Co.’s (GE) long run as a member of the Dow Jones industrial average will end on Tuesday morning. As you have probably already heard, the stock is being replaced by Walgreens Boots Alliance Inc. (WBA). General Electric was an original member of the Dow, first added back in May 1896. According to S&P…

 

Implications of the Declining Number of Stocks

Ten companies were expected to complete their initial public offerings this week. Normally, this would be ho-hum news unless it involved a very well-known company. [I doubt Blue Apron (APRN), which went public this morning, has enough name recognition outside of millennials to count as being well-known.] What makes this week notable is that if…