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The Dow Jones And Company
Beginning of paper
Dow Jones & Company was founded in 1882 by Charles Dow, Edward
Jones and Charles Bergstresser. The Dow Jones Industrial Average is now
the world's most vital business and financial news and information service.
The DJIA is an index of 30 "blue-chip" US stocks. The Dow Jones Industrial
Average tracks the stock performances of about one percent of ....
Middle of paper
....wo-
for-one "split," each share of stock is worth half what it was immediately
before, other things being equal. But without an adjustment in the divisor,
this split would produce a distortion in the industrial average. Here is
an example: Imagine three stocks selling at $5, $10 and $15. Their average
price is $10. Now assume the $15 stock is split.... |
| Word count: 579 |
Page count: 3 |
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