Amazon Set to Replace Walgreens in Dow Jones Industrial Average

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A Walgreens store in New Kensington, Pennsylvania, US.

Photographer: Justin Merriman/Bloomberg
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Amazon.com Inc. is finally joining the famous Dow Jones Industrial Average.

The e-commerce giant will replace Walgreens Boots Alliance Inc. in the 30-stock gauge, according to a press release from S&P Dow Jones Indices. The change will go into effect prior to the open of trading on Monday, Feb. 26.