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Reddit Nears S&P 500 Inclusion as Market Cap Tops $10B With Surging Profits

Summary by WebProNews
Reddit’s ascent toward potential inclusion in the S&P 500 has captured investor attention as the social media platform’s parent company, now publicly traded under the ticker RDDT, edges closer to meeting the stringent criteria maintained by index provider S&P Dow Jones Indices. The possibility surfaced prominently after a report from The Next Web highlighted how Reddit’s financial performance and market capitalization have improved enough to pla…

7 Articles

Photo: AP Social media platform Reddit will join the S&P 500 index next week, which will automatically increase demand for the company's shares. Due to Reddit's addition to the index, S&P 500 funds that manage trillions of dollars in assets will start buying the company's shares. Reddit, whose shares are traded on the stock market under the ticker "RDDT," will join the S&P 500 before the market opens on Aug. 18, S&P Dow Jones Indices said. Reddi…

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WebProNews broke the news on Saturday, August 15, 2026.
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