By Staff Reporters
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On Tuesday, February 20th, the S&P Dow Jones Indices, which oversees additions and subtractions to the highly followed Dow Jones Industrial Average, announced that, as of the start of trading on Monday, February, 26th pharmacy chain Walgreens Boots Alliance (NASDAQ: WBA) would be getting the literal boot.
Meanwhile, e-commerce kingpin Amazon (NASDAQ: AMZN) will be taking its place.
And, Reddit filed to go public last week in an IPO that will resemble the platform itself—unusual, chaotic, and reliant on its opinionated users. Planned for next month, Reddit’s public listing will be the first social media IPO since Pinterest in 2019 and the first major tech IPO of the year.
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Filed under: "Ask-an-Advisor", Alternative Investments, Breaking News, Drugs and Pharma, Health Economics, Health Insurance, Healthcare Finance, Information Technology, Insurance Matters, Investing | Tagged: Amazon, Boots Alliance, CBOE, DJIA, IPO, NASDAQ, NYC, Pinterest, Reddit, S&P 500, VIX, walgreens, Walgreens Boots Alliance | Leave a comment »