Overview
- S&P Dow Jones Indices set Interactive Brokers’ addition to the S&P 500 for before the market opens on Aug. 28.
- Talen Energy will move into the S&P MidCap 400 the same day, filling the slot vacated by Interactive Brokers.
- Interactive Brokers shares rose roughly 4% to 5% in after-hours trading after the announcement, while Robinhood and AppLovin ticked lower.
- Walgreens Boots Alliance is being removed because it is slated to be taken private by Sycamore Partners.
- On Sept. 2, Kinetik Holdings will replace Pacific Premier Bancorp in the S&P SmallCap 600 as Pacific Premier is being acquired by Columbia Banking System.