Reddit is joining the S&P 500 with its stock down 31% this year

United States

What to know

  • The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communities rep...S1
  • Shares in Reddit, Inc. (NYSE: RDDT) are surging in premarket trading this morning after S&P Dow Jones Indices announced that the social media platform will join its prestigious S&P 500 Index. Here’s what you need to know about Reddit’s ascension to the S&P, an...S2
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2mos Thenextweb

Reddit is joining the S&P 500 with its stock down 31% this year

The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Sto…

2mos Fastcompany

Reddit is joining the S&P 500. Here’s why that matters, and why the stock price is surging on the news

Shares in Reddit, Inc. (NYSE: RDDT) are surging in premarket trading this morning after S&P Dow Jones Indices announced that the social media platform will join its prestigious S&P…

Reddit is joining the S&P 500 with its stock down 31% this year

2 outlets 2 reports

What to know

  • The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communities rep...S1
  • Shares in Reddit, Inc. (NYSE: RDDT) are surging in premarket trading this morning after S&P Dow Jones Indices announced that the social media platform will join its prestigious S&P 500 Index. Here’s what you need to know about Reddit’s ascension to the S&P, an...S2
Timeline · newest first

Sources · 2 citations

S1 Thenextweb 1 report · EN
S2 FastcompanyLead 1 report · EN