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Reddit (RDDT) Stock: Jumps 11% on S&P 500 Inclusion Ahead of Aug. 18 Debut

By Kelvin Munene at 2026-10-03 08:56

Sentiment: Positive

TLDR Reddit shares surged more than 11% in after-hours trading. RDDT will join the S&P 500 before the market opens on August 18. Reddit will replace AvalonBay Communities in the benchmark. Q2 revenue rose 61% year over year to $805 million. Reddit reported $253 million in net income while search traffic volatility remains a concern. [...] The post Reddit (RDDT) Stock: Jumps 11% on S&P 500 Inclusion Ahead of Aug. 18 Debut appeared first on CoinCentral. Continue reading...

Categories: Markets

Tags: #Markets #Stocks #Reddit #Reddit Q2 Earnings

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