Reddit jumps after announcement of S&P 500 inclusion - RDDT News | RalliesReddit jumps after announcement of S&P 500 inclusion
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RDDT• Reddit shares rise in extended trading
- 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
- Reddit reported Q2 revenue of $805 mln last month, beating analysts' estimate of $730.4 mln, according to data compiled by LSEG
- As of the last close, shares were down 31.2% year to date
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