Reddit will be added to the S&P 500
The addition takes effect before market open on August 18, recognizing Reddit's growth, profitability, and unique financial model.
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Interest-based online community platform
redditinc.comLast updated
In short: Reddit reported 61% revenue growth in Q2 2026 and joined the S&P 500, despite stock volatility from concerns about Google search traffic.
The addition takes effect before market open on August 18, recognizing Reddit's growth, profitability, and unique financial model.
Cappuccio replaces Ben Lee, who steps down in September after leading Reddit's IPO and Public Content Policy. He brings decades of legal leadership from AOL and Time Warner.
Reddit will enhance moderation with Rules Hub and Post & Comment Guidance, migrate third-party apps to its Developer Platform, and restrict Old Reddit access.
Revenue grew 61% to $805 million, net income more than doubled to $253 million.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behi...
Reddit (NYSE:RDDT) stock is falling 4% to $156.49 in Tuesday morning trading, putting the social-med...
Reddit Inc. stocks have been trading up by 6.29 percent amid heightened investor optimism over its expanding advertising ...
Reddit shares jumped after August user growth accelerated sharply, giving investors a fresh reason t...
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