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Interactive Brokers to Replace Walgreens' Parent on S&P 500

S&P DJI said Monday that Interactive Brokers Group Inc. will join the S&P 500, replacing Walgreens Boots Alliance Inc., effective prior to trading on Thursday, August 28, 2025.
The committee cited Interactive Brokers Group Inc.'s fintech maturity with low-cost execution and global reach, while Robinhood Markets Inc. was excluded due to S&P 500 inclusion rules demanding sustained profitability and governance.
In after-hours trading, Interactive Brokers' stock jumped nearly 5% on Nasdaq; the company has a market cap of $106.681 billion, $1.48 billion in second-quarter revenue, $224 million net income, and 3,085 employees.
Index-Tracking flows are expected to drive a 7-10% boost in Interactive Brokers' shares, while Talen Energy Corp. replaces them in the S&P MidCap 400 on Thursday, August 28, 2025.
The move highlights a broader trend in the index toward tech-driven financial firms like Block Inc. and Interactive Brokers, while observers note concerns about governance and revenue predictability exclude Robinhood Markets Inc.

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sherwood.news

Lean Left

Interactive Brokers to join S&P 500

Robinhood, the retail favorite often cited as a potential addition, was down in premarket trading....

2 days ago

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UPI

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Interactive Brokers to replace Walgreens' parent on S&P 500

Standard and Poor's Dow Jones Indices said Interactive Brokers will join the S&P 500 Index, replacing Wlagreens' parent company, when trading opens Thursday.

3 days ago·Washington, United States

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CNBC

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Interactive Brokers to join S&P 500, replacing Walgreens

Robinhood Markets shares were slightly lower in extended trading. Some investors have had high hopes that the digital brokerage would be added to the index.

3 days ago·United States

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Seeking Alpha

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Interactive Brokers Group Set to Join S&P 500, Talen Energy to Join S&P MidCap 400 and Kinetik Holdings to Join S&P SmallCap 600

3 days ago·United States

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Benzinga

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Interactive Brokers Group Set to Join S&P 500, Talen Energy to Join S&P MidCap 400 and Kinetik Holdings to Join S&P SmallCap 600 - Interactive Brokers Group (NASDAQ:IBKR), Columbia Banking System (NASDAQ:COLB)

NEW YORK, Aug. 25, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600: S&P MidCap 400 constituent Interactive Brokers Group Inc. (NASD: IBKR) will replace Walgreens Boots Alliance Inc. (NASD: WBA) in the S&P 500, and Talen Energy Corp. (NASD: TLN) will replace Interactive Brokers Group in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August …

3 days ago·New York, United States

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