The Zhitong Finance App learned that on Friday, Reddit (RDDT.US) opened surged more than 13% and is now reported at $180.85. According to the news, Reddit will join the S&P 500 through an unroutine adjustment next week. S&P Dow Jones Indices said Reddit will be officially included in this benchmark index before the market opens on August 18. It will replace AVB.US (AVB.US), which is being acquired by Asset Housing (EQR.US), another S&P 500 component company.

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