StocksMedium•29 June 2026•
1 min read
Verizon slips on Dow exit; Alphabet jumps on index addition
Key Facts
1Verizon's stock declined after being removed from the Dow Jones Industrial Average.
2Alphabet's stock rose after being added to the index.
Markets are watching the impact of the Dow Jones Industrial Average rebalancing on its constituents, as Verizon shares declined after being removed from the index, while Alphabet shares rose following its addition, according to MarketWatch reports.
This move comes amid market data showing VZ closing at $46.54 (June 26, 2026), while GOOGL traded at $348.92 (June 29, 2026). Major tech peers like AAPL and MSFT showed mixed performance, reflecting a sector weight shift within the index.
In trading, VZ remains near its lows amid weak demand, while GOOGL continues to trade near its recent high of $350.28. Investors await any further index updates or quarterly earnings to gauge the next direction.