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Interactive Brokers to replace Walgreens in S&P 500, shares up

ReutersAug 26, 2025 8:33 AM
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Shares of trading platform Interactive Brokers IBKR.O rise 4.7% to $65.7 premarket after co set to join S&P 500 index .SPX, effective before markets open on August 28

IBKR replaces Walgreens Boots Alliance WBA.O in the S&P 500, S&P Dow Jones Indices says

J.P.Morgan analysts estimate S&P 500 indexer demand for IBKR shares to be 55.6 mln

WBA is being taken private by Sycamore Partners in a $10 bln deal announced in March

IBKR moves up from the S&P 400 Mid Cap Index .IDX, utility Talen Energy TLN.O to take IBKR's place

Pipeline operator Kinetik KNTK.N joins the S&P 600 Small Cap Index in place of TLN

As of last close, IBKR shares up more than 42% YTD with a market cap of $106.7 bln

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