Even the Mighty Fall: Dow Drops GE

(p. B1) General Electric Co. will drop out of the Dow Jones Industrial Average next week, a milestone in the decline of a firm that once ranked among the mightiest of blue-chips and was a pillar of the U.S. economy.
. . .
The decision to drop GE, an original member of the Dow that has been a part of the 30-stock index continuously since 1907, marks the latest setback for a company that once was the most valuable U.S. firm but has been hit hard in recent years by the unraveling of its finance business and competitive problems.

For the full story, see:
Michael Wursthorn and Thomas Gryta. “GE Drops Out of the Dow After A Century.” The Wall Street Journal (Wednesday, June 20, 2018): B1 & B12.
(Note: ellipsis added.)
(Note: the online version of the story has the date June 19, 2018, and has the title “GE Drops Out of the Dow After More Than a Century.” The passages quoted above follow the slightly longer wording in the online version.)

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