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clacomdty
searching PlanetScale…
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by
clacomdty
12y ago
It's not terribly rare that a stock splits in the Dow. The index value itself doesn't change on account of the split (that would be ridiculous). Visa's weight will drop, and every other stock in the index will increase accord
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by
clacomdty
12y ago
Index portfolio manager here. The one thing the article fails to mention is that the addition of Apple will coincide with a 4:1 stock split in Visa[0]- the index's highest priced (and thus highest-weighted) holding. Although the additi