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

Talen Energy

26/08/2025 09:33

** 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

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))