Exxon Mobil replaced by a software stock after 92 years in the Dow Posted by caution on Tuesday August 25, 2020 @01:21PM from the cnbc.com dept. https://www.cnbc.com/2020/08/25/exxon-mobil-replaced-by-a-software-stock-after-92-years-in-the-dow-is-a-sign-of-the-times.html ( 2 comments | 14 points | on HN )
* Exxon Mobil’s been in the Dow in some form since 1928, but its tenure as the longest-serving component is coming to an end.
* On Monday, S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years.
* Exxon will be replaced by Salesforce. Amgen and Honeywell International are replacing Pfizer and Raytheon Technologies.