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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: RAS337 ✸  😊 😞
Number: of 21109 
Subject: Re: BRK. to replace NKE in DJIA?
Date: 06/26/26 3:42 PM
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S&P Dow Jones Indices, which oversees both the Dow industrials and S&P 500 index, said that Verizon is leaving in part because its low stock price–around $46—gave the company an “immaterial impact” on the price-weighted index.

Verizon’s weighting was around 0.5%, while Goldman Sachs, whose stock trades for nearly $1,100 a share, has the highest weighting in the index at around 13%.

The price-weighted nature of the DJIA is asinine. They really should put the index out to pasture.
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