Potential shakeup in Dow Jones as Walgreens, Verizon, and Intel face removal
Walgreens Boots Alliance, which joined the Dow in June 2018, has seen its shares drop by 66% as of Tuesday. Despite a plan to boost higher-margin healthcare services and reduce annual operating costs, the company's shares contribute just 147.51 points to the Dow's total of 34,618 points. The pharmacy chain is contending with issues such as increased theft and weaker customer traffic. Potential replacements for Walgreens could be leading medical-device companies like Medtronic (NYSE:MDT) or Intuitive Surgical (NASDAQ:ISRG).
https://finance.yahoo.com/news/potential-shakeup-dow-jones-walgreens-080043419.html