Interactive Brokers shares rise with inclusion in S&P 500

Investing.com — S&P Dow Jones Indices announced on Monday that Interactive Brokers Group (NASDAQ:IBKR) will be included in the S&P 500 index with the start of trading on Thursday. The company will enter the index instead of Walgreens Boots Alliance (NASDAQ:WBA).

Walgreens is being turned into a private company by Sycamore Partners in a deal expected to be completed soon.

Following that announcement, Interactive Brokers shares rose nearly 4% in premarket trading on Tuesday. The company's shares have doubled in value in the past 12 months and are up 42% since the beginning of this year.

Last month, Interactive Brokers announced adjusted earnings of 51 cents per share for the quarter ended June 30. That figure was up from 44 cents in the same period last year, and was above analysts' expectations of 46 cents.

The company's revenue increased 14.7% year-on-year to $1.48 billion. That figure came in above expectations of $1.36 billion.

Talen Energy (NASDAQ:TLN) will replace Interactive Brokers in the S&P MidCap 400 index as of Thursday. Following this news, the power producer's shares have gained more than 4% in value.

Talen benefited from the growing demand for electricity due to electrification trends and the rapid growth of artificial intelligence data centers. This has boosted the company's shares by 76% since the beginning of the year.

However, Robinhood Markets (NASDAQ:HOOD) was down slightly in late trading. Some investors speculated that the company could be added to the S&P 500. Robinhood's stock rose nearly 190% in 2025, bringing its market value to about $96 billion.

S&P Dow Jones Indices announced that Kinetik Holdings (NYSE:KNTK) will be included in the S&P SmallCap 600 index on September 2. The company will be included in the index instead of Pacific Premier Bancorp (NASDAQ:PPBI), which is being acquired by Columbia Banking System.

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