Reddit Joins S&P 500 as Post-Inclusion Boost Quickly Fades
Reddit officially joined the S&P 500 benchmark index, but the initial share price surge is already fading as post-inclusion buying momentum quickly cools down.
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Reddit officially joined the S&P 500 benchmark index, but the initial share price surge is already fading as post-inclusion buying momentum quickly cools down.
Reddit will join the S&P 500, becoming the second pureplay social media firm alongside Meta. A leadership change adds governance experience amid AI data-licensing deals with Google and OpenAI, mostly…