Reddit jumps after announcement of S&P 500 inclusion

Reddit

13/08/2026 23:02

** Shares of social media company Reddit RDDT.N climb 11% to $175.50 in extended trading
** S&P Dow Jones says Reddit is set to join the S&P 500 index from August 18
** RDDT reported Q2 revenue of $805 mln last month, beating analysts' estimate of $730.4 mln - data compiled by LSEG
** As of last close, shares down 31.2% YTD


 (Reporting by Anzar Mehraj in Bengaluru)
 ((Anzar.Mehraj@thomsonreuters.com;))