Walgreens Gets the Boots

$WBA

WBA 0.00%↑ out AMZN 0.00%↑ in as far as the Dow 30 goes.

Additions and removals to the index tend to have the opposite reactions we’d expect. Here’s a chart of XOM 0.00%↑ from when it was removed in August 2020 after 92 years in the index. Also a chart of CRM 0.00%↑ , which replaced it.

Yup.

Walgreens is just a couple bucks off of its price from 2012 (!). Will its removal spark a similar reaction?

WBA 0.00%↑ will be replaced with AMZN 0.00%↑ in the Dow.

That look like one you want to buy right now?