GE at risk of being removed from the DJI

Mainstay General Electric is in danger of being booted from the Dow Jones Industrial Average as its share price continues to drop, according to Reuters. The company’s fate on the elite index could also be shaped by reductions to the company’s size as it sells off pieces of its business. GE’s removal from the Dow Jones “may not spark much immediate selling of the stock,” the newswire says, noting that the company retains a market value of USD 175 bn and may be kept on the index simply for its historic place.