- Reddit is being added to the S&P 500.
- The stock surged over 10% on the news.
- Multiple reports indicate that Reddit (RDDT) will be added to the S&P 500 index. The stock jumped more than 10% in response.
Reddit (RDDT) is set to join the S&P 500 index, triggering a sharp rally in the stock. Shares rose more than 10% on the announcement.
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