Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago
salesforce(CRM) CNBC·2024-05-30 15:56
An Exxon gas station sign is seen on October 06, 2023 in the Brooklyn borough of New York City.Four years ago, Exxon Mobil's reign as the longest serving component in the Dow Jones Industrial Average came to an abrupt end, when the oil major was replaced by Salesforce in the biggest shakeup in years.The reshuffling of the Dow in August 2020 was seen as a sign of the times, with the energy sector struggling from a total collapse in oil prices into negative territory during the Covid-19 pandemic, while techno ...