Stock splits of huge proportions in mega cap technology stocks have led to massive share price drops.

The first was AlphabetIt was back with it in February 20-for-1 stock split. Next, Wednesday AmazonIt made its move its own 20-for-1 stock split.

Amazon’s stock price today would have closed at $139.28 split-adjusted. Amazon stock split is similar to Alphabet. This makes Amazon stock’s price more appealing as an element in the price-weighted. Dow Industrials. At the split-adjusted price, Amazon would have the 12th smallest weighing among the 30 stocks, putting it right in the middle of the pack — ironically, an identical weighting to Walmart. But unlike WalmartAmazon’s Consumer Staples stock is.

The Dow Index Committee may be open to giving WalgreensThe index company gets the bonus re-evaluates its Boots unit. Walgreens, a Consumer Staples Stock, could be replaced by Amazon to give consumers a good representation. Walgreens sits at $48 and is 2nd in price-weighted.

Nvidia may be next in line, alongside Alphabet. Nvidia, the chipmaker that split its stock in July for four times (1), is currently valued at $230. If added to the index, Nvidia would have the 6th largest weighting in the Dow – far more than the Dow’s least impactful stock, fellow competitor IntelIt is currently sitting at less than $48

Cisco is the fourth most influential tech stock, while IBM has the eighth-smallest weighting. IBM has also completed its spin-off from Kyndryl, an infrastructure managed by IBM.

Apple was the most recent tech company to join Dow. added in Mar. 2015 — a mere nine months after completing a 7-for-1 split, the fourth split in its history. (It was completed another time). 4-for-1 split in 2020.)

It’s over to you now, Dow committee…