Sorry, Apple, You're Just Not That Important Anymore

In case you missed it, this has been a pretty monumental past couple of days for Wall Street and investors. We watched the benchmark S&P 500 (SNPINDEX: ^GSPC) ascend to new all-time closing and intraday highs, saw Apple (NASDAQ: AAPL) and Tesla enact stock splits, and witnessed a shake-up in the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) that saw three new stocks enter the Dow -- and three brand-name companies get their walking papers.

Arguably, it's the stock splits of the largest (Apple) and eighth-largest (Tesla) companies by market cap that have garnered the most attention.

Image source: Getty Images.

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Source Fool.com