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Reddit Will Join the S&P 500. The Stock Jumps 11%.
Barrons.com43d agoneutral
Reddit Will Join the S&P 500. The Stock Jumps 11%.

Reddit will replace AvalonBay Communities before the opening of trading on Tuesday, according to S&P Dow Jones Indices, which oversees the index. The change was prompted by Equity Residential’s coming acquisition of AvalonBay, a large owner of multifamily housing.

Reddit Stock Jumps On S&P 500 News
Investor's Business Daily43d agobullish
Reddit Stock Jumps On S&P 500 News

Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.

Trading Day: Hiking pressure eases
Reuters43d agoneutral
Trading Day: Hiking pressure eases

By Jamie McGeever ORLANDO, Florida, Aug 13 (Reuters) - Stocks and bond prices rose on Thursday, with the S&P 500 barreling to a fresh high, as investors cheered another relatively benign snapshot of