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Reddit joins the S&P 500, shares rallying in after-hours trade
The S&P 500 inclusion follows months of speculation after earlier S&P 500 snubs, according to MarketWatch.
Reddit is set to join the S&P 500, ending months of speculation after previous rejections, according to MarketWatch.
The announcement helped drive an after-hours rally in Reddit shares on Thursday, MarketWatch reported.
Analysts cited concerns in the lead-up to the move, MarketWatch added, highlighting that the path to inclusion has not been straightforward.
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