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The Nexus
BUSINESSAug 14 · 11:40 UTCQUARTZCris Tolomia

Reddit stock surges after being named to the S&P 500 for the first time

Reddit's stock surged after being named to the S&P 500 for the first time. The company will join the benchmark index on Aug. 18, replacing AvalonBay Communities and becoming only the second pureplay social media company in the S&P 500.

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RedditorganizationS&P 500topicAvalonBay Communitiesorganizationbenchmark indextopicAug. 18topic
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