Reddit stock joins the S&P 500 Index following growth and historical milestone
Reddit (RDDT) stock is officially joining the S&P 500 Index, marking a major milestone for the company years after its founding.
- Reddit stock (RDDT) is being added to the S&P 500 Index.
- CEO Steve Huffman originally created the site to avoid looking foolish in front of his parents.
Sources
- MarketWatch — Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.
- Yahoo Finance — CEO Steve Huffman Once Said of Creating Reddit, ‘I Just Didn't Want To Look Stupid In Front Of My Parents’ — Now RDDT Stock is Joining the S&P 500 Index
- CNBC — Reddit stock jumps on inclusion in S&P 500