by Kiley Crossland
Posted 6/20/18, 02:12 pm
The S&P Dow Jones Indices said Tuesday it will drop General Electric from the Dow Jones industrial average next week. Boston-based GE was an original member of the 30-company blue chip index in 1896 and has been a continuous member for more than 100 years. Drugstore chain Walgreens Boots Alliance will take GE’s slot in the list of the most stable publicly traded U.S. companies. Shares of GE have been in gradual decline since 2000 but especially shaky in recent years. Shares closed on Tuesday at $12.95, a 60 percent drop from a recent peak in July 2016.