Interactive Brokers (IBKR) is trading at $87.31 (up 4.05%) amid positive company news and a strong market-wide rally.
- The company announced today it has expanded trading hours for its Forecast Contracts, allowing clients to trade nearly 24 hours a day, five days a week.
- Broader markets are surging, with major indices up significantly, driven by hopes of a peace agreement in the Middle East which has caused oil prices to drop below $100 a barrel.
- The stock's current price has surpassed recent analyst targets, which were in the $83-$85 range.