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REDDIT JOINS S&P 500, STOCK SURGES 11%

Reddit will be added to the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta. The stock jumped 11% in after-hours trading following the announcement.

1 SOURCEFIRST SEEN AUG 13, 10:10 PM► READ THE ARTICLE

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Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10%+ after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC: Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media compa…

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