Sunday, 16 August 2026 · World
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EUROS The World Financial Report
Nº 36 Sunday, 16 August 2026 · World Edition
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Reddit’s S&P 500 debut could unleash nearly $3 billion of index-fund buying

TST (Full) - (Official Feed) · 1h ago
Reddit’s S&P 500 debut could unleash nearly $3 billion of index-fund buying

Reddit (RDDT) is set to join the S&P 500 before the market opens on Aug. 18, replacing AvalonBay Communities (AVB). J.P. Morgan analysts estimate index funds that track the benchmark will need to buy about 16.7 million Reddit shares to reflect the adjustment. At Reddit’s Friday-morning price of ...

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