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Membership revoked? Veteran GE's spot in exclusive Dow may be shaky

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - It is hard to imagine the Dow Jones Industrial Average without General Electric Co. The U.S. industrial conglomerate's stock is the lone original component of the venerable blue-chip index that debuted in 1896.But GE's dwindling share price and the likelihood that its new chief executive will dramatically slim down its sprawling operations is leading some index-watchers to consider the possibility of the company losing its membership in the elite 30-stock Dow."Since it is trading at a low share price and has a small weighting in the index, that does put ...

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First Published: Sun, November 12 2017. 16:41 IST
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