Consumer Fun Fact
January 22, 2010
Which of the original Dow Jones companies is still in business today? Read on to find out.
The Dow Jones Average is a widely watched stock index. It is the weighted average stock price of 30 of the largest and strongest companies in America. When the Dow was created in 1896, it only averaged the stock price of 12 of the largest and strongest corporations in America.
Of the original 12 companies in the Dow only, one is still in business today. All the others have either been broken up by anti trust laws, been purchased by larger companies, or just gone out of business. The only remaining original member of the Dow Jones Average is General Electric.
The lesson to be learned— Things Change.
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