Reddit stock jumps on inclusion in S&P 500
S&P Dow Jones Indices said Reddit will join the benchmark as AvalonBay leaves after an acquisition-related removal.
- On Tuesday, August 18, 2026, Reddit Inc. will join the S&P 500, replacing AvalonBay Communities Inc. effective prior to the opening of trading.
- Equity Residential is acquiring AvalonBay Communities in a deal expected to be completed soon, creating the S&P 500 vacancy that Reddit will fill.
- Separately, Sun Communities Inc. will replace Webster Financial Corp. in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August 20, 2026.
- Following the merger, the combined entity will be renamed Vivmark Residential and remain in the S&P 500, while Banco Santander acquires Webster Financial.
- Since Charles Dow invented the first index in 1884, S&P Dow Jones Indices has maintained rule-based methodologies that determine large-cap status for companies like Reddit.
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Nettforumet Reddit blir en del av den prestisjetunge aksjeindeksen S&P 500 fra og tirsdag, reporter AP. Fredag steg Reddit-aksjen with whole 14 prosent.
Reddit is getting a spot in the US stock market index S&P 500. The inclusion on that index follows strong quarterly figures: Reddit has now shown revenue growth of more than sixty percent for six consecutive quarters. It is an attractive stock, says Errol Keyner, Deputy Director of the Association of Securities Holders, on BNR Beurs: ‘It yields a return, generates cash, has a strong balance sheet, and it is growing.’
Reddit shares jump 15% as social media platform set to join S&P 500
Reddit shares jumped 15% to $181.7 after being added to the S&P 500 next week, replacing AvalonBay Communities. The inclusion acknowledges Reddit's significant market cap of $30 billion and aligns with its strong performance, boasting an eighth consecutive quarter of sales growth.
US stocks: Reddit surges 14% on S&P 500 inclusion, set to replace AvalonBay
Reddit shares have experienced a remarkable surge following the announcement of their inclusion in the S&P 500 index. With index funds compelled to acquire millions of Reddit shares, this influx is expected to significantly surpass the average daily trading volume of the stock. The inclusion will take effect before the markets open on August 18, with AvalonBay Communities being replaced after its merger agreement.
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