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American Airlines Dropped From The Dow Transportation Average After Long-Term Decline
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American Airlines Dropped From The Dow Transportation Average After Long-Term Decline
American Airlines has now been dropped from the Dow Jones Transportation Average, two years after being kicked out of the S&P 500. Its stock price had fallen so far that it carried less than 0.5% weight in the price-weighted index — while Delta, United, Southwest, and even Alaska remain.
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