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Reddit (RDDT) Joins S&P 500, Shares Surge 12% on AI Ad Growth

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Reddit (RDDT) will join the S&P 500 on Aug.
  • 18, sending shares up 12% pre-market.
  • Strong Q2 revenue growth (61% YoY) and AI-driven ad potential highlighted, though stock remains down 22% YTD amid growth sustainability concerns.
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US500 price history

7608.90 +11.69% over the displayed period

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