at CNBC.com (Thu, 1:50PM)
As the no. 2 company in the U.S. by market cap, Apple (AAPL) would seem to deserve a spot in the DJIA. But its $320 share price would prove a severe distortion, accounting for ~17% of the index. A 1% change in Apple's price would translate to a 23-point change in the Dow, an outsized impact that "would pretty much make the Dow irrelevant."
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at CNBC.com (Thu, 11:48AM)
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