Warby Parker shares rose following an announcement by S&P Dow Jones Indices. The eyewear retailer will join the S&P SmallCap 600 index.
The change takes effect before the market opens on June 22, 2026. This addition is part of the index's quarterly rebalance.
Index-tracking funds must now purchase shares to mirror the index composition. This anticipated buying activity often drives higher trading volume and share prices.
The inclusion also increases the company's visibility among institutional investors.