Here's where Walmart stock would rank in the Dow after 3-for-1 stock split

Walmart Inc. shares rose 1% in the extended session Tuesday after the retail giant announced a 3-for-1 stock split. The decision is part of Walmart’s WMT, +0.33% “ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach,” the company said. As of late Tuesday, Walmart’s stock ranked as the 175th-highest in price, and was the 17th-largest Dow Jones Industrial Average DJIA component. Based the new split-adjusted price, it would ...