Reddit is joining the S&P 500 with its stock down 31% this year

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The index provider announced the change on 13 August, in a release issued at 18:12 in New York.

Reddit enters under the Communication Services sector.

It trades on the New York Stock Exchange as RDDT. A second change follows two days later.

Sun Communities replaces Webster Financial in the S&P MidCap 400 on 20 August. […]




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