Walgreens Boots, Walmart Share Losses Lead Dow's Nearly 1150-point Drop
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The Dow Jones Industrial Average is slumping Wednesday afternoon with shares of Walgreens Boots and Walmart seeing the biggest drops for the price-weighted average. The Dow DJIA was most recently trading 1,148 points (3.5%) lower, as shares of Walgreens Boots WBA and Walmart WMT are contributing to the index's intraday decline. Walgreens Boots's shares are down $3.68, or 8.2%, while those of Walmart are off $9.44 (7.2%), combining for a roughly 86-point drag on the Dow. Other components contributing significantly to the decline include Coca-Cola KO, Home Depot HD, and Procter & Gamble PG. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 15:06 ET (19:06 GMT)
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