Apple’s 4-for-1 stock split to end dominion of Dow

Apple’s planned stock split will diminish its influence on the Dow Jones Industrial Average after the company’s 100% surge since March lows nearly dragged the price-weighted Dow back to an all-time high.Lu Wang and Vildana Hajric for Bloomberg News:At its current price of $452 a share, Apple has the biggest weighting in the index at 11%. A 4-to-1 split now would drop its price tag to about $113 and send its ranking in the Dow Average down to 16th. Apple has rallied almost 55% in 2020