Why Is INGRAM MICRO HLDG CO (INGM) Stock Moving Today?

Ingram Micro Holding (INGM) shares rose 5.84% to $29.64. The primary driver for the move is the company's upcoming inclusion in the S&P SmallCap 600 index. This addition follows the planned acquisition of Pacira BioSciences by Viatris.

What Happened

S&P Dow Jones Indices announced that Ingram Micro will replace Pacira BioSciences in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 17. The change is a direct result of Viatris' planned acquisition of Pacira BioSciences. Ingram Micro is set to join the index as a result of this corporate restructuring. The announcement was widely reported across multiple financial news sources over the last 36 hours.

What The Data Shows

The stock opened at $28.90, representing a 3.2% gap from the prior close of $28.00. The session high reached $29.70 at 10:40 AM ET, while the low was $28.12 at 9:30 AM ET. Volume stood at 0.9 million shares, which is 0.5 times the three-month daily average. The company has a market capitalization of $6.3 billion and a P/E ratio of 14.2. Trailing twelve-month revenue increased by 14.8%, while the net margin is 0.8%. The beta is 1.70 and the dividend yield is 1.28%. The 52-week range is $19.03 to $31.69. Over the last eight sessions, the stock moved 3.8% from $26.98 to $28.00. Platinum Equity, LLC, a 10% holder, sold shares on November 4, 2026, and September 15, 2026. Total insider sales in the last 90 days totaled $379.3 million. A dividend of $0.088 per share had an ex-date of November 9, 2026.

What To Watch

Investors will monitor the official index change effective before the November 17 open. The company also recently priced a secondary public offering of common stock.