Reddit to join S&P 500 index, Shares have jumped higher in after hours trade.
Reddit shares jumped over 8.5% after hours Thursday after S&P Dow Jones Indices said the social media platform will join the S&P 500 before markets open on August 18, replacing AvalonBay Communities, which Equity Residential is acquiring.
This article was written by Eamonn Sheridan at investinglive.com.